Property profile

119 3rd Ave Red Springs, NC 28377

OFF-MARKET
Turn key restaurants
Property ID
US53-2996914
775 SF 0.03 ac lot Built 1930
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction FRAME
Total area 775 SF
Lot 0.03 ac (1,307 SF)
APN 361103022
UPID US53-2996914

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
  • Law Firm
  • Law Firm

Location

119 3rd Ave Red Springs, NC 28377-1501
Red Springs metro Census 960301 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$55k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2025
Last sale
$82,000
2 recorded transactions
2025
$82,000
2012
Price N/A

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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