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Property profile & analytics
FOR SALE
Turn key restaurants

8039 River Rd SE Southport, NC 28461

2,124 SF Built 1999
Individually Owned 8-yr Hold Free & Clear
Property ID
US53-5652122
Property summary
AI-generated overview

This exceptional business opportunity is located at 8039 River Road SE in the vibrant city of Southport, North Carolina. The property boasts a substantial 2,124 square feet of space, ideally suited for a variety of commercial ventures. Situated on a generous 0.77-acre lot, the property offers ample room for expansion, outdoor seating, or additional parking. The building's prime location on River Road SE ensures high visibility and accessibility, placing it within easy reach of a large customer base. The asking price for this turnkey opportunity is $795,000. This represents a significant investment potential in a thriving coastal community known for its strong tourism and residential growth. The property's size and location make it an attractive option for a wide range of businesses, from retail establishments and restaurants to professional offices and service providers. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to establish your business in a desirable and high-demand location. Further details and viewing arrangements can be made upon request.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1999
Total area 2,124 SF
Zoning code CLD
APN 20500023
UPID US53-5652122
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Amy J Sims · 8 yrs held
Amy J Sims
since 2018
6 recorded transactions
2018
Price N/A
2013
Price N/A
2013
$156,100
2007
Price N/A
2006
$400,000
2006
Price N/A
Zoning & alternative use
CLD · Southport, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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