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    Updated Restaurant Space for Lease Title is generated by Realmo AI

    808 S Van Buren Rd, Eden, NC 27288

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    Approximately 1,790 SF with strong visibility off a lighted intersection near a Walmart Supercenter.

    Type:Single Tenant or Freestanding Building
    Property size:
    1,790 SF
    Lot size:
    0.46 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:24 am

    Property Features for 808 S Van Buren Rd

    General Information

    Standard status
    Active
    Size
    1,790 SF
    Lot size
    0.46 Acres
    Property subtype
    Single Tenant or Freestanding Building

    Spaces For Lease

    at 808 S Van Buren Rd Contact us

    We can help!

    Listing Contact
    Cameron Arnold

    Listing agent Cameron Arnold

    Listing office

    Listing date Jun 2, 2026

    Source Theshoppingcentergroup

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Cameron Arnold

    HighLights

    • Approximately 1,790 SF commercial space on 0.46 acres
    • Full access with frontage at a lighted intersection
    • Excellent visibility to Van Buren Road with 20,000 AADT
    • Adjacent to a Walmart Supercenter
    • Asking pricing listed at $1,100,000 sale or $70,000/yr lease

    Overview

    This updated restaurant space offers approximately 1,790 SF on a 0.46-acre parcel, with full access into the property at a lighted intersection. The offering is positioned for operators that want an established retail site with room for on-site operations and customer traffic flow.

    The location is adjacent to a Walmart Supercenter, providing immediate consumer draw. Visibility is supported by its exposure to Van Buren Road, which is listed at 20,000 AADT, helping the space stay in view for passing drivers.

    From a tenant perspective, the configuration supports a conventional restaurant use within a high-traffic retail environment. The site’s combination of direct access, visibility, and adjacency to an anchor retailer makes it a practical option for food service concepts seeking durable storefront exposure. The property is also available for sale at $1,100,000 and for lease at $70,000 per year, offering flexibility for qualified operators and investors.
    Location Intelligence

    Current Use by Public Records

    Little Caesars Pizza Restaurant

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eden
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.752637
    Latitude
    36.522903

    Nearby Similar for Lease

    • $4 SF/Yr
      533,424 SF

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      Up to 533,424 SF available for lease.
      572 S New St, Eden, NC 27288
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      12,278 SF

      Three Insulated Buildings with Drive-ins

      Three well-maintained, insulated buildings with drive-in doors and clear spans.
      2260 Harrington Hwy, Eden, NC
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      Retail Center on Primary Corridor

      Retail spaces available in high-visibility Eden location.
      640 S Van Buren Rd, Eden, NC 27288
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    FAQs

    What type of property is this?
    Conventional restaurant - Approximately 1,790 SF with strong visibility off a lighted intersection near a Walmart Supercenter.
    Where is this conventional restaurant located?
    The property is located at 808 S Van Buren Rd Eden, NC.
    What are key features of this property?
    This property features: Approximately 1,790 SF commercial space on 0.46 acres; Full access with frontage at a lighted intersection; Excellent visibility to Van Buren Road with 20,000 AADT
    (980) 556-7315
    We can help!
    Listing Contact
    Cameron Arnold
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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