Property profile

117 Main St Red Springs, NC 28377

OFF-MARKET
Turn key restaurants
Property ID
US53-3287200
8,534 SF 0.16 ac lot Built 1916
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1916
Construction FRAME
Total area 8,534 SF
Lot 0.16 ac (6,970 SF)
APN 361201007
UPID US53-3287200

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
  • Clothing Store
  • Community Center
  • Hotel & Motel Resort

Location

117 Main St Red Springs, NC 28377-1511
Red Springs metro Census 960301 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2020
Price N/A
2020
$35,000

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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