507 owen dr , fayetteville, nc 28304...507 owen dr, fayetteville, north carolina, 28304 prepared by...

O F F I C E B U I L D I N G F O R L E A S E N E A R C A P E F E A R VA L L E Y H O S P I TA L

507 Owen Dr , Fayettevi l le , NC 28304

for more information S U S A N E VA N S

BrokerO: 910.829.1617 x208C: [email protected]

150 N. McPherson Church RdFayetteville, NC 28303

www.grantmurrayre.com

OFFICE BUILDING FOR SALE



OFFERING SUMMARY

Sale Price: $195,000

Lot Size: 0.24 Acres

Year Built: 1958

Building Size: 1,240

Zoning: O & I

Price / SF: $157.26

PROPERTY HIGHLIGHTS

• Office Building on Busy Owen Dr

• Brick office in good condition

• Rear parking lot is 75' X 75' with rear entrance into the lobby

• 3 office rooms, reception area, waiting room, 1 ADA Bathroom and 1 non-ADA

bathroom in the office area

• Cape Fear Hospital is near site

• Location is zoned office and institutional which will accommodate for any medical or

office use

Office Building On Busy Owen Dr5 0 7 O W E N D R , FAY E T T E V I L L E , N C 2 8 3 0 4

E XEC U T IVE SU MMA RY




A D D IT I O NA L PH OTOS




LO CAT I O N MA PS




R E TA I LER MA P

Executive Summary507 Owen Dr, Fayetteville, North Carolina, 28304 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.03614

Longitude: -78.93260

1 mile 3 miles 5 milesPopulation

2000 Population 6,891 60,328 140,4552010 Population 6,590 61,999 149,7282016 Population 6,515 62,804 155,0982021 Population 6,532 63,611 159,2842000-2010 Annual Rate -0.45% 0.27% 0.64%2010-2016 Annual Rate -0.18% 0.21% 0.57%2016-2021 Annual Rate 0.05% 0.26% 0.53%2016 Male Population 45.6% 46.8% 47.0%2016 Female Population 54.4% 53.2% 53.0%2016 Median Age 41.3 36.3 33.8

In the identified area, the current year population is 155,098. In 2010, the Census count in the area was 149,728. The rate of change since 2010 was 0.57% annually. The five-year projection for the population in the area is 159,284 representing a change of 0.53% annually from 2016 to 2021. Currently, the population is 47.0% male and 53.0% female.

Median Age

The median age in this area is 41.3, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 62.6% 53.9% 44.5%2016 Black Alone 25.3% 32.2% 41.9%2016 American Indian/Alaska Native Alone 1.4% 1.7% 1.5%2016 Asian Alone 3.4% 3.3% 3.0%2016 Pacific Islander Alone 0.3% 0.3% 0.3%2016 Other Race 2.9% 3.8% 3.7%2016 Two or More Races 4.0% 4.8% 5.0%2016 Hispanic Origin (Any Race) 8.6% 11.0% 11.4%

Persons of Hispanic origin represent 11.4% 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 70.1 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 3,068 24,798 54,7992010 Households 3,165 26,412 61,3852016 Total Households 3,177 27,042 64,3882021 Total Households 3,205 27,514 66,4452000-2010 Annual Rate 0.31% 0.63% 1.14%2010-2016 Annual Rate 0.06% 0.38% 0.77%2016-2021 Annual Rate 0.18% 0.35% 0.63%2016 Average Household Size 2.00 2.30 2.37

The household count in this area has changed from 61,385 in 2010 to 64,388 in the current year, a change of 0.77% annually. The five-year projection of households is 66,445, a change of 0.63% annually from the current year total. Average household size is currently 2.37, compared to 2.39 in the year 2010. The number of families in the current year is 40,032 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.

May 19, 2017

©2016 Esri Page 1 of 2

Executive Summary507 Owen Dr, Fayetteville, North Carolina, 28304 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 35.03614

Longitude: -78.93260

1 mile 3 miles 5 milesMedian Household Income

2016 Median Household Income $40,794 $41,120 $40,5462021 Median Household Income $42,715 $43,531 $42,5572016-2021 Annual Rate 0.92% 1.15% 0.97%

Average Household Income

2016 Average Household Income $58,268 $60,628 $56,0902021 Average Household Income $63,196 $65,308 $60,3182016-2021 Annual Rate 1.64% 1.50% 1.46%

Per Capita Income2016 Per Capita Income $28,128 $26,262 $23,5582021 Per Capita Income $30,633 $28,391 $25,4292016-2021 Annual Rate 1.72% 1.57% 1.54%

Households by IncomeCurrent median household income is $40,546 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $42,557 in five years, compared to $59,476 for all U.S. households

Current average household income is $56,090 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $60,318 in five years, compared to $84,021 for all U.S. households

Current per capita income is $23,558 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $25,429 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 3,224 27,239 60,8792000 Owner Occupied Housing Units 1,675 14,759 31,6012000 Renter Occupied Housing Units 1,393 10,040 23,1982000 Vacant Housing Units 156 2,440 6,080




Currently, 42.5% of the 73,458 housing units in the area are owner occupied; 45.2%, renter occupied; and 12.3% 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 67,792 housing units in the area - 46.9% owner occupied, 43.7% renter occupied, and 9.5% vacant. The annual rate of change in housing units since 2010 is 3.63%. Median home value in the area is $120,884, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 3.38% annually to $142,710.

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.

May 19, 2017

©2016 Esri Page 2 of 2

507 owen dr , fayetteville, nc 28304...507 owen dr, fayetteville, north carolina, 28304 prepared by...

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