Property profile

109 Polk St Pineville, NC 28134

OFF-MARKET
Turn key restaurants
Property ID
US53-5066685
1,406 SF 0.4 ac lot Built 1973
Individually Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Total area 1,406 SF
Lot 0.4 ac (17,422 SF)
Zoning code DC
APN 20501410
UPID US53-5066685

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

109 Polk St Pineville, NC 28134-9013
Pineville metro Census 5824 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2007
4 recorded transactions
2020
Price N/A
2007
Price N/A
2007
$400,000
1969
Price N/A

Zoning & alternative use

DC · Pineville, NC
Zoning description

1) In effort to encourage Downtown mixed-use development; Downtown Core (DC) Zoning District parking and loading requirements shall be waived for developments consisting of majority ground floor commercial office/retail…

General category COMMERCIAL

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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