Property profile

101 Steakhouse Rd Morganton, NC 28655

OFF-MARKET
Turn key restaurants
Property ID
US53-2044845
7,566 SF 3.61 ac lot Built 1977
Entity Owned 11-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Construction WOOD FRAME
Total area 7,566 SF
Lot 3.61 ac (157,252 SF)
Zoning code HIGH INTENSITY DIST
APN 16481
UPID US53-2044845

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
  • Restaurant

Location

101 Steakhouse Rd Morganton, NC 28655-8313
Morganton metro Census 21201 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2015
3 recorded transactions
2015
$60,000
2014
Price N/A
2014
$200,000

Zoning & alternative use

HIGH INTENSITY DIST · Morganton, NC

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 101 Steakhouse Rd?
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