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Property profile & analytics
OFF-MARKET
Turn key restaurants
118 Cross St, Youngsville, NC 27596-7929
Individually Owned
3-yr Hold
Free & Clear
Property ID
US53-1129678
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Total area
3,204 SF
Lot
0.17 ac (7,405 SF)
Zoning code
MS
APN
8116
UPID
US53-1129678
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
-
North cross street station 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
David A Williams JR · 3 yrs held
David A Williams JR
since 2022
5 recorded transactions
Zoning & alternative use
MS · Youngsville, 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 Youngsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngsville 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
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,088
Tax year 2024
Assessed value
$670,740
Assessed 2024
Previous assessed
$25,250
+2,556.4% YoY
Effective rate
0.61%
On assessed value
Assessed land
$74,050
Assessed improvement
$596,690
Land market value
$74,050
Improvement market value
$596,690
Total market value
$670,740
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1963
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,204 SF
Lot
0.17 ac (7,405 SF)
Zoning code
MS
APN
8116
UPID
US53-1129678
Jurisdiction
FRANKLIN
Zoning & alternative use
MS · Youngsville, NC
Zoning MS · permitted uses
MS · Youngsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Youngsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
David A Williams JR
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 1736, WAKE FOREST, NC 27588-1736
Ownership since
2022
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
Oct 27, 2022
—
W &w Properties And Investments LLC
—
Deed
related
$861,250 · Benchmark Community Bank
Sep 20, 2022
—
David A Williams JR
Drcw Investments LLC
Deed
—
Sep 10, 2021
$102,500
Drcw Investments LLC
118 North Cross Street LLC
Warranty Deed
—
Mar 19, 2021
$100,000
118 North Cross Street LLC
Wiggins Built LLC
Warranty Deed
—
Feb 6, 2020
$179,500
Wiggins Built LLC
Town Of Youngsville
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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