Property profile

1000 Claren Cir Morrisville, NC 27560

OFF-MARKET
Drive through restaurants
Property ID
US53-0554815
3,861 SF 1.34 ac lot Built 2006
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2006
Construction BRICK
Total area 3,861 SF
Lot 1.34 ac (58,370 SF)
Zoning code CC
APN 0756.01-26-2449 0093845
UPID US53-0554815

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

1000 Claren Cir Morrisville, NC 27560-9700
Morrisville metro Census 53609 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$724k
Blend (final) Blend
$585k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

CC · Morrisville, NC
Zoning description

The Corridor Commercial District along the Towns primary transportation corridors and gateways accommodates retail, office and service, small scale business park, institutional, cultural and public, and entertainment dev…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1000 Claren Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message