Technical
Financial
Distress signals
Property profile

1008 Jefferson Ave West Jefferson, NC 28694

OFF-MARKET
Retail properties & Spaces
Property ID
US53-4622068
3,188 SF 1.43 ac lot Built 1998
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Property summary

AI-generated overview

This thriving, full-service restaurant and real estate package presents a unique investment opportunity in West Jefferson, NC. Located at 1008 S Jefferson Ave, this established business occupies a 3,188 square foot building on 1.43 acres of land, offering significant expansion potential. Built in 1998, the property boasts ample parking for 32 vehicles, a convenient drive-through, and covered outdoor seating. With a seating capacity of 106, the restaurant enjoys a prime location on a main thoroughfare in a rapidly growing town, minutes from major retailers like Walmart and Lowe's. The property includes two adjoining parcels, providing flexibility for future development. This turnkey operation is priced at $550,000 for the combined property and business. The property's strategic location and established customer base make this a compelling investment opportunity in a vibrant community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1998
Total area 3,188 SF
Lot 1.43 ac (62,291 SF)
UPID US53-4622068

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
  • Grocery & Convenience Store
  • Restaurant

Location

1008 Jefferson Ave West Jefferson, NC 28694
West Jefferson metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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