Property profile

1405 S Madison St Whiteville, NC 28472

FOR SALE
Turn key restaurants
Property ID
US53-4851560
5,037 SF Built 1977
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity presents a substantial 5,070 square foot building situated on a 0.85-acre lot at 1405 S Madison Street in Whiteville, North Carolina. The property's strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The expansive square footage offers ample space for diverse business operations, allowing for customization and expansion to meet specific needs. The 0.85-acre lot provides generous outdoor space, potentially suitable for additional development or parking. Priced at $550,000, this property represents a significant investment opportunity in a thriving North Carolina community. The building's size and location offer considerable potential for growth and profitability. Serious inquiries are encouraged to explore the possibilities this prime commercial property offers. The property is ready for immediate occupancy, allowing for a swift transition into business operations. Its established location within Whiteville provides access to a well-established customer base and local infrastructure. This is a rare chance to acquire a substantial commercial property in a desirable location, offering a strong foundation for future success. Don't miss this chance to secure a prime piece of Whiteville real estate.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,037 SF
APN 0280.04-73-0363.000
UPID US53-4851560

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1405 S Madison St Whiteville, NC 28472
Whiteville metro Census 931000
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
2008
$650,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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