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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Drive through restaurants
117 Grv St, Fayetteville, NC 28301-4983
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3238804
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1984
Total area
2,770 SF
Lot
0.74 ac (32,234 SF)
Zoning code
LC
APN
0437-75-3736
UPID
US53-3238804
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$718k
Blend (final)
Blend
$660k
Owner & transaction history
Eig14t Clch Nc Fayetteville LLC · 1 yrs held
Eig14t Clch Nc Fayetteville LLC
since 2024
Last sale
$660,000
6 recorded transactions
Zoning & alternative use
LC · Fayetteville, NC
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
Method
Estimation
Statistic approach
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$580,000
Current use
MEDICAL BUILDING
$465,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $660k (Oct 22 2024)
Last sale anchor
$660k
Oct 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$238 / SF
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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,205
Tax year 2023
Assessed value
$306,808
Assessed 2023
Previous assessed
$306,808
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$165,685
Assessed improvement
$141,123
Land market value
$165,685
Improvement market value
$141,123
Total market value
$306,808
Applied tax rate
1,002.0000
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
1984
Heating
NONE
Stories
1
Total area
2,770 SF
Lot
0.74 ac (32,234 SF)
Zoning code
LC
APN
0437-75-3736
UPID
US53-3238804
Jurisdiction
CUMBERLAND
Zoning & alternative use
LC · Fayetteville, NC
Zoning LC · permitted uses
LC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$580,000
MEDICAL BUILDING
Est. value
$465,000
RESTAURANT Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Eig14t Clch Nc Fayetteville LLC
Entity
Free & Clear · 1 yrs held
Mailing address
109 HAY ST STE #201, FAYETTEVILLE, NC 28301-6107
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
Eig141 Clch Nc Fayetteville LLC
—
Deed
related
$1,263,441 · United Bank
Oct 22, 2024
$660,000
Eig14t Clch Nc Fayetteville LLC
Cedar Creek Crossing West LLC
Special Warranty Deed
—
Oct 22, 2024
—
Eig14t Clch Nc Fayetteville LLC
Cedar Creek Crossing West LLC
Deed
—
May 29, 2007
—
City Of Fayetteville
Cedar Creek Crossing West LLC
Warranty Deed
related
—
Jul 6, 2004
—
Owner Name Unavailable
H David Swain
Warranty Deed
related
—
—
—
Cedar Creek Crossing West LLC
—
Deed Of Trust
related
$209,779 · Charles T & Janet K Gardner
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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