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Property profile & analytics
OFF-MARKET
Drive through restaurants
1095 Hickory SE Blvd Lenoir, NC 28645-6226
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2344915
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Construction
WOOD
Total area
4,116 SF
Lot
2.12 ac (92,347 SF)
APN
09126 1 18B
UPID
US53-2344915
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hwy 55 Burgers, Shakes & Fries Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Riach Ftp LLC Series 5 Rs · 2 yrs held
Riach Ftp LLC Series 5 Rs
since 2023
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lenoir submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenoir submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$1,106,600
Assessed 2024
Previous assessed
$1,106,600
+0.0% YoY
Assessed land
$376,000
Assessed improvement
$730,600
Land market value
$376,000
Improvement market value
$730,600
Total market value
$1,106,600
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
4,116 SF
Lot
2.12 ac (92,347 SF)
APN
09126 1 18B
UPID
US53-2344915
Jurisdiction
CALDWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
2.12 ac
Current owner
From public records · entity-resolved
Riach Ftp LLC Series 5 Rs
Entity
Free & Clear · 2 yrs held
Mailing address
130 CORINTHIAN WALK, LONG BEACH, CA 90803-4003
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
—
Riach Ftp LLC Series 5 Rs
Cherokee Ventures LLC
Special Warranty Deed
—
Mar 3, 2022
—
Cherokee Ventures LLC
Net Lease Associates Lenoir LLC
Correction Deed
related
—
Mar 2, 2022
$2,944,500
Cherokee Ventures LLC
Net Lease Associates Lenoir LLC
Special Warranty Deed
—
Mar 24, 2021
—
Net Lease Associates Lenoir LLC
P B Realty LLC
Deed
$1,663,000 · Studio Bank
Mar 24, 2021
$350,000
Net Lease Associates Lenoir LLC
Pb Realty LLC
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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