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30109714
30109715

4811 Fayetteville Rd, Raleigh, NC 27603 For Sale

DM
NC 273250
KW Commercial Raleigh
Listed by KW Commercial Raleigh
$2,150,000
135 days on market
Updated 41 days ago

Raleigh Auto Care Center

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 4,800
Units 4
Cap Rate 7.78%
NOI $167,345
Occupancy 80%
Tenancy Multi
Pro-Forma Cap Rate 8.9%
Pro-Forma NOI $191,345
Price per SqFt $448
Year Built 1952
Year Renovated 1992
Buildings 3
Stories 1
Acreage 0.710
Zoning CMX
Ground Lease No

Raleigh Auto Care Center | Retail | 4,800 SqFt

Marketing description

ABOUT THE PROPERTY

Strategically located, this versatile property features three buildings totaling nearly 5,000 SF of functional workspace on a 0.71-acre site. The multi-structure layout is specifically designed for high-utility business operations, boasting multiple grade-level roll-up doors that allow for seamless vehicle access, partitioned tenant use, or distinct workflow separation. The remaining land area is optimized for efficiency, offering a gravel-paved yard that accommodates essential fleet parking and outdoor staging without the burden of excess acreage maintenance. This configuration is an ideal match for service-oriented businesses, specialized contractors, or light distributors seeking a compact yet highly capable "plug-and-play" compound. Under Garner’s CMX (Commercial Mixed-Use) zoning, the district is intended to foster a mix of office, retail, and service uses in a pedestrian friendly or corridor-oriented environment, supporting everything from boutique professional suites to repair services and showrooms.

LOCATION OVERVIEW

Strategically positioned at 4811 Fayetteville Street, this property offers a high-visibility location within one of Raleigh’s most rapidly expanding southern corridors. Immediate connectivity is provided by US-401 (Fayetteville Road) and US-70, serving as the primary arteries for north-south commuter traffic and local logistics. Proximity to the I-40/I440 interchange (the "Beltline") further ensures seamless accessibility to the entire Research Triangle region, placing the site within a 10-minute drive of Downtown Raleigh’s central business district. The surrounding 5-mile radius is anchored by significant commercial and community destinations, including the White Oak Crossing retail power center and the revitalized Downtown Garner district. Business and industrial activity is bolstered by nearby employment hubs such as the Greenfield North Business Park and the North Carolina State Farmers Market, a major regional draw for both wholesale and retail commerce. Additionally, the property benefits from close proximity to the Wake County South Campus and the Coastal Credit Union Music Park at Walnut Creek, ensuring a steady flow of daytime and event-driven traffic. Logistically, the site is perfectly situated to leverage the upcoming Wake Bus Rapid Transit (BRT) Southern Corridor, which will enhance transit connectivity between Garner and the Raleigh Convention Center. This area is characterized by a blend of established industrial presence and new residential developments, creating a robust local consumer base.

Investment highlights

  • Lots Size: 0.71 AC
  • Zone: CMX
  • Traffic: Over 35,000
  • Market: S Raleigh
  • Submarket: Garner
  • Size: 4 Buildings over 4800 SF
  • Close to Hwy 401 & Hwy 70 Split

Actual CAP Rate: 7.78%

Pro Forma CAP Rate: 8.90%

Summary Financials

Listing Contacts

DM
NC 273250
KW Commercial Raleigh
Listed by KW Commercial Raleigh

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,345.00
$13,945.42/mo

Valuation Metrics

0
DSCR
7.78%
Cap Rate
7.78%
ROI

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Additional Information

Name
Skylar Owens
License
353558
Brokerage
KW Commercial N Raleigh LLC
Brokerage Phone
919-857-7672
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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