Property profile

1020 Memorial Hwy Lake Lure, NC 28746

OFF-MARKET
Turn key restaurants
Property ID
US53-2505637
2,000 SF 1.46 ac lot Built 1993
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Total area 2,000 SF
Lot 1.46 ac (63,598 SF)
Zoning code L1
APN 1622119
UPID US53-2505637

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
  • Bar & Pub Restaurant

Location

1020 Memorial Hwy Lake Lure, NC 28746
Lake Lure metro Census 960302 FOREST CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

L1 · Lake Lure, 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
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