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$449,000 -$49,500 (-9.93%) Price Reduced
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Property Description
Prime medical office or retail opportunity with exceptional visibility on busy Owen Drive! Located in the heart of Fayetteville's medical corridor, this highly versatile 2,078 SF standalone building sits on a 0.3-acre lot directly next to CVS Pharmacy and steps from Cape Fear Valley Medical Center. Perfect for a growing practice, clinic, or high-traffic retail business, the interior features a spacious and welcoming reception area, two private restrooms, two private rooms, (the spacious reception area can accommodate about two additional private rooms), and a dedicated kitchen/breakroom space. The property offers excellent curb appeal, prominent signage opportunities to capture heavy daily traffic, and 12 dedicated parking spaces for easy patient or customer access. Maximize your business footprint in an established, high-demand commercial hub surrounded by thriving clinics and offices. Seller is offering $5,000 concession at closing. This credit can be used toward buyer closing costs, rate buy-downs or property upgrades with an acceptable offer. Schedule your tour today!
Full Property Details
Full Property Details for 518 Owen Dr
General
- Price: $449,000
- Status: Active
- Type: Office
- Source: 2218
- MLS ID: LP762825
- Updated: 5/31/2026
- Added to Site: 16 day(s) ago
Location
- County: Cumberland
- Subdivision: Bordeaux
- Driving Directions: From I-295 South, take exit for All American Freeway South. Continue on the All American Freeway South which then becomes Owen Dr. Go passed Walther Reed Rd. and Sandhurst Dr. The property will be on your right just before CVS pharmacy.
Heating & Cooling
- Air Conditioning: Yes
Structural Information
- Exterior Const.: Wood Siding
- Building Size: 2078
- Square Feet: 2,078
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Zoning: OI - Office And Instituti
Financial Considerations
- Price Per Acre: $1,661,666.67
Disclosures and Reports
- Property ID: 426071683
Listed by Lpt Realty Llc, NORMAN MUHORIA (404) 707-6995
Get Pre-Approved Today
Schools
Schools serving 518 Owen Dr
School District:Cumberland County Schools
| Name | Grades | Distance |
|---|---|---|
Mary Mcarthur Elementary 3809 Village Drive, Fayetteville, NC 28304 | PK-5 | 0.8 mi |
Douglas Byrd Middle 1616 Ireland Drive, Fayetteville, NC 28304 | 6-8 | 0.9 mi |
Douglas Byrd High 1624 Ireland Drive, Fayetteville, NC 28304 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 Owen Dr
Date
Details
Price
Change
Source
5/31/2026
Price Reduced
$449,000
-9.93%
MLS
5/18/2026
Listed
$498,500
58.25%
MLS
5/05/2022
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 518 Owen Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,161
-14%
$297,823
22%
2024
$3,697
28%
$243,849
—
2023
$2,894
-16%
$244,094
—
2022
$3,458
—
$244,094
—
2021
$3,458
—
$244,094
—
2019
$3,458
—
$244,094
—
2018
$3,458
5%
$244,094
2%
2017
$3,309
32%
$239,118
28%
2016
$2,501
1%
$187,251
—
2015
$2,476
4%
$187,251
—
2013
$2,384
—
$187,251
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 518 Owen Dr
518 Owen Drive, Fayetteville, NC 28304 (MLS# LP762825) is a Office property. 518 Owen Drive is currently listed for $449,000 and was received on May 18, 2026. Want to learn more about 518 Owen Drive? Do you have questions about finding other Office real estate for sale in Fayetteville? You can browse all Fayetteville real estate or contact a Coldwell Banker agent to request more information.

