Restaurant Building with Commercial
1301 Gum Branch Road, Jacksonville, NC 28540
For Sale
New
$725,000
Commercial Sale, Jacksonville, NC
Property Size2,527 SF
Lot Size0.52 Acres
Price / SF$286.90
Days on Market4
Property Features for 1301 Gum Branch Road
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Water source
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
Better Homes and Gardens Real Estate Treasure 4
(910) 327-4444
Listed By:
John Newton · License #294169
(919) 649-0827
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 9 at 3:06AM
MLS# 100614961
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 2,527-square-foot restaurant building was constructed in 1975 and features a kitchen with a walk-in refrigerator, walk-in freezer, and hood systems. Two restrooms and dining space are also part of the layout. Brick construction, tile and carpet flooring, electric heat, a shingle roof, and a parking lot are listed among the property’s features. The parcel covers 0.52 acres and carries CC zoning.
The building occupies a corner lot on Gum Branch Road in Jacksonville, North Carolina. Public water serves the property. A lease is in place through June 2027 at $6,400 per month; any continuation or transfer is subject to tenant approval and other lease requirements.
The building occupies a corner lot on Gum Branch Road in Jacksonville, North Carolina. Public water serves the property. A lease is in place through June 2027 at $6,400 per month; any continuation or transfer is subject to tenant approval and other lease requirements.
Key Highlights
- 2,527‑square‑foot restaurant property on a 0.52‑acre parcel
- Kitchen includes a walk‑in refrigerator, walk‑in freezer, and hood systems
- Dining area and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,409
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,180
$648.2K
Cap Rate 7%
$462,986
$463.0K
Cap Rate 9%
$360,100
$360.1K
Market Conditions
NOI Build-Up for 2,527 SF
Gross rent
$45.5K $18.00/SF
− Vacancy
−$2.3K −$0.90/SF
EGI
$43.2K $17.10/SF
− OpEx
−$10.8K −$4.27/SF
NOI
$32.4K $12.83/SF
Area
Onslow County, NC
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,180
Cap Rate 7%
$462,986
Cap Rate 9%
$360,100
Alternative Uses
Best Use
Specialty Retail
$463.0K
$405.1K – $540.2K
NOI $32,409 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$549.0K
$480.3K – $640.5K
NOI $38,427 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28540, NC
49,739
Population
21,466
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
92%
High-School Grad
110.3 sq mi
ZIP Area
451
Density / Sq Mi
$61,462
Median Household Income
$32,313
Median Earnings
$1,014
Median Rent
$201,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Restaurants in Jacksonville
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - CC-zoned property includes dining space, two restrooms, and dedicated parking.
Where is this restaurant located?
The property is located at 1301 Gum Branch Road Jacksonville, NC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,527‑square‑foot restaurant property on a 0.52‑acre parcel; Kitchen includes a walk‑in refrigerator, walk‑in freezer, and hood systems; Dining area and two restrooms
