25202 Is Pne Dr Waves, NC 27982
This exceptional business opportunity in Waves, NC, presents a 1,800-1,900 square foot, two-story building on a 20,000-20,001 square foot lot. Built in 1995 and zoned S-1, the property boasts a charming, rustic ambiance, currently operating as a well-established restaurant with 52-seat capacity across dual-level screened porches. All kitchen equipment and furniture are included in the sale price of $750,000. The property's strategic location near major campgrounds, residential areas, and hotels ensures consistent high tourist foot traffic. This presents a unique opportunity for a savvy entrepreneur to continue operating the existing restaurant or explore alternative uses for this versatile building. The property is being sold "as is." The building consists of one unit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.