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    Property profile & analytics

    1115 Glenway Dr Statesville, NC 28625-9213

    • Turn key restaurants
    • 5,060 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-1873554
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Applebee's Grill + Bar / Restaurant / American Restaurant

    Property Details for 1115 Glenway Dr

    Year built
    1993
    Construction
    WOOD
    Lot size
    0.97 lot acres
    Property size
    5,060 SF
    Zone code
    B-3
    Property type
    Turn key restaurants
    APN
    4745-54-6630.000
    APU
    4745546630000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Statesville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.8698
    Latitude
    35.8091
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,953
    $698,400
    $574,520
    $1,272,920
    -
    $698,400
    $574,520
    $1,272,920

    Comparable in this City

    • Value Estimation
      $230,000
      2,753 SF

      193 Crawford Rd

      RESTAURANT • 2,753 SF
      193 Crawford Rd, Statesville, NC 28625-8546
      View Details
    • Value Estimation
      $1,510,000
      4,801 SF

      132 Beechnut Ln

      RESTAURANT • 4,801 SF
      132 Beechnut Ln, Statesville, NC 28625-2305
      View Details
    • Value Estimation by Request
      8,858 SF

      1071 Glenway Dr

      RESTAURANT • 8,858 SF
      1071 Glenway Dr, Statesville, NC 28625-9205
      View Details
    • Value Estimation
      $380,000
      2,144 SF

      1968 Old Mtn Rd

      RESTAURANT • 2,144 SF
      1968 Old Mtn Rd, Statesville, NC 28625-1629
      View Details
    • Value Estimation by Request
      5,572 SF

      1712 Old Wilkesboro Rd

      RESTAURANT • 5,572 SF
      1712 Old Wilkesboro Rd, Statesville, NC 28625
      View Details
    • Value Estimation
      $415,000
      2,053 SF

      1449 Wilkesboro Hwy

      RESTAURANT • 2,053 SF
      1449 Wilkesboro Hwy, Statesville, NC 28625-3262
      View Details

    Similar Nearby for Sale

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      Prime 10.82-acre retail site in Statesville, NC
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      1.00 Acre

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      ±1 Acre Commercial Lot, High Traffic
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    • $335,110

      Secluded Hardwood Acreage For Sale

      14.57 acres of secluded land with mature hardwoods.
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      1.04 acre residential land for sale near I-40.
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    Similar Nearby for Lease

    • Contact for pricing

      Statesville Drive-Thru Restaurant Opportunity

      Freestanding drive-thru restaurant space in Statesville's retail corridor.
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      View Details
    • Contact for pricing
      147,858 SF

      Shoppes at Broad St Retail Space

      High-traffic retail space, I-77 & I-40 access.
      1885 Broad St, Statesville, NC 28625
      View Details
    • $15 SF/Yr
      40,425 SF

      Eastgate Commons Retail Space

      Last retail space; Food Lion anchored.
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    • $15 SF/Yr
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      Retail Space Near Amenities

      Retail space available near hotels, restaurants, and car dealerships.
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    • $30 SF/Yr
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      Retail Space in Forth Crossings

      Newer retail center with high visibility and easy access.
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    • Contact for pricing
      1,200 SF

      Retail Space in Community Center

      Retail space available in community center anchored by Food Lion.
      1670 East Broad St, Statesville, NC 28625
      View Details

    Property Visit Statistics

    • Visits by month
      15.1k
    • Visitors by month
      12.1k
    • Avg Time on site
      50 min
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    1115 Glenway Dr
    Statesville, NC 28625-9213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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