Restaurant with Lower
New
For Sale
$749,000
6500 Brevard Road, Etowah, NC 28729
Dining space, a furnished kitchen, and on-site guest parking support restaurant operations.
Property Size4,350 SF
Price / SF$172.18
Days on Market2
Property Features for 6500 Brevard Road
General Information
Standard status
Active
Size
4,350 SF
Property subtype
Commercial
Zoning
CC
Additional Details
Furnished
Yes
Road Access
Yes
Equipment Included
Yes
Building Details
Building Size
4,350 SF
Year Built
1963
Stories
2
Listing Agency:
H Scott & Associates
Listed By:
Heather Scott · License #249224
(828) 273-1757
Source:
Geoffcampbell
Added: Oct 23
Last Checked: Oct 23 at 3:46PM
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 H Scott & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property has a main-level dining area and kitchen, with furnishings and appliances included. A separate lower level is also part of the building. The property was built in 1963 and is zoned CC.
Located at 6500 Brevard Road in Etowah, the site has 225 feet of road frontage along Brevard Road. Guest parking is available on site.
Located at 6500 Brevard Road in Etowah, the site has 225 feet of road frontage along Brevard Road. Guest parking is available on site.
Key Highlights
- 225 feet of road frontage on Brevard Road
- Restaurant furnishings and appliances are included
- Main‑level dining area and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,609
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,180
$1.2M
Cap Rate 7%
$822,986
$823.0K
Cap Rate 9%
$640,100
$640.1K
Market Conditions
NOI Build-Up for 4,350 SF
Gross rent
$78.3K $18.00/SF
− Vacancy
−$1.5K −$0.34/SF
EGI
$76.8K $17.66/SF
− OpEx
−$19.2K −$4.41/SF
NOI
$57.6K $13.24/SF
Area
Henderson County, NC
Vacancy
1.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,180
Cap Rate 7%
$822,986
Cap Rate 9%
$640,100
Alternative Uses
Best Use
Specialty Retail
$823.0K
$720.1K – $960.2K
NOI $57,609 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,477 @ 7.0% cap · market cap 13.55%
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
Paved road access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
32k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Shops & Services 30%
Dining 7%
Ingles
Groceries
20,374 visits/mo
0.2 miles
Dollar General
Shops & Services
4,881 visits/mo
0.3 miles
Citgo
Shops & Services
2,780 visits/mo
0.2 miles
Domino's Pizza
Dining
2,403 visits/mo
0.1 miles
United Community Bank
Shops & Services
1,953 visits/mo
0.3 miles
Demographics for 28729, NC
2,923
Population
1,544
Households
1.9
Avg Household Size
55
Median Age
30%
College-Educated
96%
High-School Grad
4.2 sq mi
ZIP Area
696
Density / Sq Mi
$81,326
Median Household Income
$29,583
Median Earnings
$1,654
Median Rent
$305,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dining space, a furnished kitchen, and on-site guest parking support restaurant operations.
Where is this conventional restaurant located?
The property is located at 6500 Brevard Road Etowah, NC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 225 feet of road frontage on Brevard Road; Restaurant furnishings and appliances are included; Main‑level dining area and kitchen
