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    715 Dixie Dr Asheboro, NC 27203

    Sponsored
    For Sale
    Contact for pricing

    Prime Asheboro location, legacy restaurant space. High traffic area, ready for new concept.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional property at 715 E Dixie Drive in Asheboro, NC presents a unique opportunity for a discerning restaurateur. Situated in the heart of Dixie Drive's bustling commercial corridor, this established restaurant site benefits from high visibility and significant foot traffic. The location is strategically positioned at the intersection of Dixie Drive and Shamrock Road, ensuring maximum exposure to potential customers. While most of the previous restaurant's equipment has been removed, the property retains over 20 booths and tables, providing a solid foundation for a new culinary venture. The building's size is not specified, but the existing seating capacity suggests a substantial space suitable for a variety of restaurant concepts. This turnkey opportunity allows a new operator to capitalize on an already established location with a proven track record, eliminating the need for extensive build-out and permitting processes. The property's location on a major thoroughfare offers unparalleled accessibility and visibility, making it an ideal choice for a restaurant seeking to establish a strong presence in the Asheboro market. The lot size is not specified. This is a rare chance to acquire a well-positioned restaurant space in a thriving commercial area. Serious inquiries only.

    Property Features for 715 Dixie Dr

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Paw-Paw’s Place Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.80413
    Latitude
    35.69097

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Asheboro location, legacy restaurant space. High traffic area, ready for new concept.
    Where is this commercial real estate located?
    The property is located at 715 Dixie Dr Asheboro, NC.
    (336) 626-5600
    Request Owner's contact information
    715 Dixie Dr Asheboro, NC 27203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    715 Dixie Dr Asheboro, NC 27203
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