Property profile

108 3rd Ave Red Springs, NC 28377

OFF-MARKET
Turn key restaurants
Property ID
US53-3297248
3,311 SF 0.07 ac lot Built 1920
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Construction FRAME
Total area 3,311 SF
Lot 0.07 ac (3,049 SF)
APN 36050203802
UPID US53-3297248

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 Food Market
  • Bank Credit Union

Location

108 3rd Ave Red Springs, NC 28377-1502
Red Springs metro Census 960301 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2019
1 recorded transaction
2019
$90,000

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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