This exceptional commercial property, located at 801 Blowing Rock Boulevard in Lenoir, NC, presents a unique investment opportunity. Boasting 3,909 square feet of space, this building is ideally suited for a variety of uses, including a sports bar, restaurant, coffee shop, donut shop, or deli. Previously a Krispy Kreme, the property retains key features such as a spacious dining area, a fully equipped service area, a well-designed kitchen with a remaining hood vent, a convenient drive-through window, two restrooms, and ample storage space. Situated on a sizable 1.6-acre lot, this location offers significant visibility and accessibility. The property benefits from its prime position on Blowing Rock Boulevard (Hwy 321), a high-traffic corridor with an average daily traffic count of 36,000 vehicles (2021 DOT data). This central Lenoir location is surrounded by a thriving mix of national and local businesses, including Walmart, Dunham Sports, Zaxby's, Tractor Supply, Walgreens, Starbucks, and Dollar Tree, ensuring high foot traffic and brand recognition. The property is available for sale at $1,000,000 and is also available for lease. This is a rare opportunity to acquire a well-positioned commercial building in a rapidly growing area.
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801 Blowing Rock Blvd Lenoir, NC 28645
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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.
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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.
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801 Blowing Rock Blvd Lenoir, NC 28645
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801 Blowing Rock Blvd, Lenoir, NC
Lisa Holmes
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801 Blowing Rock Blvd, Lenoir, NC
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801 Blowing Rock Blvd, Lenoir, NC
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801 Blowing Rock Blvd, Lenoir, NC
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801 Blowing Rock Blvd, Lenoir, NC
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801 Blowing Rock Blvd, Lenoir, NC
Lisa Holmes
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