Property profile

112 Vance St Fuquay Varina, NC 27526

OFF-MARKET
Turn key restaurants
Property ID
US53-1286558
1,903 SF 0.16 ac lot Built 1945
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1945
Construction BRICK
Total area 1,903 SF
Lot 0.16 ac (6,970 SF)
Zoning code DC-1
APN 0656.12-96-8700 0003479
UPID US53-1286558

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
  • Restaurant
  • Grocery & Convenience Store Food Market
  • (Bike/Boat/Book/etc) Store Florist

Location

112 Vance St Fuquay Varina, NC 27526-2235
Fuquay Varina metro Census 53112 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2023
2 recorded transactions
2023
$1.5M
2023
Price N/A

Zoning & alternative use

DC-1 · Fuquay Varina, NC
Zoning description

The DC-1 zoning district is intended to permit and enhance the existing historic Fuquay-Varina downtown, architectural assets, historic presence, and small town atmosphere, and expand the authentic downtown community. Th…

General category MIXED_USE

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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