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    Property profile & analytics

    1181 Main W St Valdese, NC 28690-2646

    • Turn key restaurants
    • 2,795 SF
    • 2.09 lot acres
    OFF-MARKET
    Value Estimation
    $625,000
    Last Sale
    Mar 31, 2023
    $591,000
    Location Intelligence
    Property ID
    US53-4025295
    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

    • Pizza Hut / Chicken Wings Restaurant / Pizza Restaurant

    Property Details for 1181 Main W St

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    2.09 lot acres
    Property size
    2,795 SF
    Zone code
    GENERAL BUSINESS DIST
    Property type
    Turn key restaurants
    APN
    13337
    APU
    13337

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $570,000

    • CAP approach

      CAP return
      Estimation
      6%
      $590,000
      6.5%
      $705,000
      7%
      $695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $745,000
      Geo Method
      $755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $720,000
      Retail
      $695,000
      Mixed-Use
      $765,000
      Hospitality
      $685,000
      Educational
      $730,000
      Residential Income
      $640,000
      Energy
      $600,000
      Income-Based Land
      $695,000
      Food Service
      $610,000

    Location Insight

    • Map
    • Local Demand
    City
    Valdese
    County
    Burke
    State
    North Carolina
    Longitude
    -81.583
    Latitude
    35.7472
    CBSA code
    25860
    CBSA name
    HICKORY-LENOIR-MORGANTON, NC 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
    2024
    $6,598
    $246,415
    $430,339
    $676,754
    -
    $246,415
    $430,339
    $676,754

    Comparable in this City

    • Value Estimation by Request
      2,606 SF

      101 Us 70th E

      RESTAURANT • 2,606 SF
      101 Us 70th E, Valdese, NC 28690-8854
      View Details
    • Value Estimation
      $430,000
      7,728 SF

      721 Main E St

      RESTAURANT • 7,728 SF
      721 Main E St, Valdese, NC 28690-2919
      View Details
    • Value Estimation
      $390,000
      2,602 SF

      508 Main E St

      RESTAURANT • 2,602 SF
      508 Main E St, Valdese, NC 28690-2916
      View Details
    • Value Estimation
      $370,000
      3,840 SF

      205 Rodoret N St

      RESTAURANT • 3,840 SF
      205 Rodoret N St, Valdese, NC 28690-2335
      View Details
    • Value Estimation by Request
      9,142 SF

      155 Bobo NW Ave

      RESTAURANT • 9,142 SF
      155 Bobo NW Ave, Valdese, NC 28690-2303
      View Details
    • Value Estimation
      $375,000
      4,448 SF

      100 Main E St

      RESTAURANT • 4,448 SF
      100 Main E St, Valdese, NC 28690-2808
      View Details

    Similar Nearby for Sale

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      Interior lot in Lake Rhodhiss Estates with community amenities.
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      Buildable Lot in Stones Throw

      1.49 acre buildable lot in Stones Throw Subdivision.
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      Valdese Land in Gated Community

      1.25 acre wooded lot in Lake Rhodhiss Estates.
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    Similar Nearby for Lease

    • $3 SF/Yr
      171,799 SF

      Valdese Industrial Building For Lease

      172,000 SF Manufacturing/Warehouse
      720 Main St, Valdese, NC 28690
      View Details
    • Contact for pricing

      Valdese Corner Lot For Rent

      Prime 0.97-acre corner lot in Valdese's retail corridor.
      540 Main St W, Valdese, NC 28690
      View Details

    Property Visit Statistics

    • Visits by month
      1.9k
    • Visitors by month
      1.9k
    • Avg Time on site
      25 min
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    1181 Main W St
    Valdese, NC 28690-2646
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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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