213 dick st , fayetteville, nc 28301 · 2019-06-20 · 213 dick st, fayetteville, north carolina,...

7
OFFICE BUILDING LOCATED IN DOWNTOWN FAYETTEVILLE 213 Dick St , Fayetteville, NC 28301 for more information NEIL GRANT Principal / Broker O: 910.829.1617 x206 C: 910.818.3252 [email protected] 150 N. McPherson Church Rd Fayetteville, NC 28303 www.grantmurrayre.com OFFICE BUILDING FOR SALE

Upload: others

Post on 24-May-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 213 Dick St , Fayetteville, NC 28301 · 2019-06-20 · 213 Dick St, Fayetteville, North Carolina, 28301 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.04938 Longitude: -78.87801

O F F I C E B U I L D I N G L O C AT E D I N D O W N T O W N FAY E T T E V I L L E

213 Dick St , Fayettevi l le , NC 28301

for more information N E I L G R A N T

Principal / BrokerO: 910.829.1617 x206C: [email protected]

150 N. McPherson Church RdFayetteville, NC 28303

www.grantmurrayre.com

OFFICE BUILDING FOR SALE

Page 2: 213 Dick St , Fayetteville, NC 28301 · 2019-06-20 · 213 Dick St, Fayetteville, North Carolina, 28301 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.04938 Longitude: -78.87801

for more information N E I L G R A N T

Principal / BrokerO: 910.829.1617 x206C: 910.818.3252nei [email protected]

OFFERING SUMMARY

Sale Price: $499,000

Lot Size: 0.33 Acres

Year Built: 1973

Building Size: 6,000

Zoning: OI

Market: Fayetteville

Price / SF: $83.17

All brick two story office building originally designed for one large law firm, well over 6000 squarefeet, extra parking lot across the street. Right by the Cumberland County Courthouse, priced tosell just over 75 dollars a foot. 4 main lawyer offices with many other sizes to choose from.Currently leased month to month to several tenants, income is around 3000 a month, lots of emptyspace.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• HVAC is in good working condition

• Two lots go with the sale

• New windows just added

• New carpet

• Brick building

Wythe Building on Dick St2 1 3 D I C K S T , FAY E T T E V I L L E , N C 2 8 3 0 1

E XEC U T IVE SU MMA RY

Page 3: 213 Dick St , Fayetteville, NC 28301 · 2019-06-20 · 213 Dick St, Fayetteville, North Carolina, 28301 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.04938 Longitude: -78.87801

for more information N E I L G R A N T

Principal / BrokerO: 910.829.1617 x206C: 910.818.3252nei [email protected]

Wythe Building on Dick St2 1 3 D I C K S T , FAY E T T E V I L L E , N C 2 8 3 0 1

A D D IT I O NA L PH OTOS

Page 4: 213 Dick St , Fayetteville, NC 28301 · 2019-06-20 · 213 Dick St, Fayetteville, North Carolina, 28301 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.04938 Longitude: -78.87801

for more information N E I L G R A N T

Principal / BrokerO: 910.829.1617 x206C: 910.818.3252nei [email protected]

Wythe Building on Dick St2 1 3 D I C K S T , FAY E T T E V I L L E , N C 2 8 3 0 1

LO CAT I O N MA PS

Page 5: 213 Dick St , Fayetteville, NC 28301 · 2019-06-20 · 213 Dick St, Fayetteville, North Carolina, 28301 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.04938 Longitude: -78.87801

for more information N E I L G R A N T

Principal / BrokerO: 910.829.1617 x206C: 910.818.3252nei [email protected]

Wythe Building on Dick St2 1 3 D I C K S T , FAY E T T E V I L L E , N C 2 8 3 0 1

R E TA I LER MA P

Page 6: 213 Dick St , Fayetteville, NC 28301 · 2019-06-20 · 213 Dick St, Fayetteville, North Carolina, 28301 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.04938 Longitude: -78.87801

Executive Summary213 Dick St, Fayetteville, North Carolina, 28301 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.04938

Longitude: -78.87801

1 mile 3 miles 5 milesPopulation

2000 Population 3,718 33,988 88,9152010 Population 3,245 32,456 89,3802016 Population 3,494 32,904 91,6652021 Population 3,684 33,485 93,6672000-2010 Annual Rate -1.35% -0.46% 0.05%2010-2016 Annual Rate 1.19% 0.22% 0.40%2016-2021 Annual Rate 1.06% 0.35% 0.43%2016 Male Population 50.9% 45.7% 46.4%2016 Female Population 49.1% 54.3% 53.6%2016 Median Age 36.6 38.8 36.7

In the identified area, the current year population is 91,665. In 2010, the Census count in the area was 89,380. The rate of change since 2010 was 0.40% annually. The five-year projection for the population in the area is 93,667 representing a change of 0.43% annually from 2016 to 2021. Currently, the population is 46.4% male and 53.6% female.

Median Age

The median age in this area is 36.6, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 24.0% 43.3% 44.6%2016 Black Alone 68.7% 47.8% 43.7%2016 American Indian/Alaska Native Alone 2.1% 1.9% 1.7%2016 Asian Alone 1.6% 1.8% 2.6%2016 Pacific Islander Alone 0.1% 0.1% 0.2%2016 Other Race 0.7% 1.6% 2.8%2016 Two or More Races 2.7% 3.4% 4.3%2016 Hispanic Origin (Any Race) 3.4% 5.6% 8.6%

Persons of Hispanic origin represent 8.6% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 67.0 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 1,450 14,117 36,1252010 Households 1,203 13,897 37,6452016 Total Households 1,382 14,375 39,1042021 Total Households 1,475 14,706 40,1252000-2010 Annual Rate -1.85% -0.16% 0.41%2010-2016 Annual Rate 2.24% 0.54% 0.61%2016-2021 Annual Rate 1.31% 0.46% 0.52%2016 Average Household Size 2.06 2.16 2.28

The household count in this area has changed from 37,645 in 2010 to 39,104 in the current year, a change of 0.61% annually. The five-year projection of households is 40,125, a change of 0.52% annually from the current year total. Average household size is currently 2.28, compared to 2.29 in the year 2010. The number of families in the current year is 23,280 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

April 03, 2017

©2016 Esri Page 1 of 2

Page 7: 213 Dick St , Fayetteville, NC 28301 · 2019-06-20 · 213 Dick St, Fayetteville, North Carolina, 28301 Prepared by Esri Rings: 1, 3, 5 mile radii Latitude: 35.04938 Longitude: -78.87801

Executive Summary213 Dick St, Fayetteville, North Carolina, 28301 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.04938

Longitude: -78.87801

1 mile 3 miles 5 milesMedian Household Income

2016 Median Household Income $22,885 $35,554 $37,2082021 Median Household Income $23,930 $34,069 $36,6052016-2021 Annual Rate 0.90% -0.85% -0.33%

Average Household Income

2016 Average Household Income $34,754 $52,376 $55,9192021 Average Household Income $36,392 $55,998 $59,9492016-2021 Annual Rate 0.93% 1.35% 1.40%

Per Capita Income2016 Per Capita Income $16,017 $23,628 $24,2602021 Per Capita Income $16,702 $25,321 $26,0872016-2021 Annual Rate 0.84% 1.39% 1.46%

Households by IncomeCurrent median household income is $37,208 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $36,605 in five years, compared to $59,476 for all U.S. households

Current average household income is $55,919 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $59,949 in five years, compared to $84,021 for all U.S. households

Current per capita income is $24,260 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $26,087 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 1,701 15,867 39,8792000 Owner Occupied Housing Units 459 7,308 20,4682000 Renter Occupied Housing Units 991 6,809 15,6572000 Vacant Housing Units 251 1,750 3,754

2010 Total Housing Units 1,499 15,833 41,8622010 Owner Occupied Housing Units 402 6,612 19,4852010 Renter Occupied Housing Units 801 7,285 18,1602010 Vacant Housing Units 296 1,936 4,217

2016 Total Housing Units 1,768 16,865 44,8322016 Owner Occupied Housing Units 442 6,371 19,0282016 Renter Occupied Housing Units 940 8,004 20,0752016 Vacant Housing Units 386 2,490 5,728

2021 Total Housing Units 1,921 17,565 46,8262021 Owner Occupied Housing Units 473 6,489 19,4332021 Renter Occupied Housing Units 1,002 8,217 20,6922021 Vacant Housing Units 446 2,859 6,701

Currently, 42.4% of the 44,832 housing units in the area are owner occupied; 44.8%, renter occupied; and 12.8% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 41,862 housing units in the area - 46.5% owner occupied, 43.4% renter occupied, and 10.1% vacant. The annual rate of change in housing units since 2010 is 3.09%. Median home value in the area is $123,117, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 3.96% annually to $149,469.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

April 03, 2017

©2016 Esri Page 2 of 2