120 E Kapp St Dobson, NC 27017
For Sale
1 / 20
This exceptional investment opportunity presents a 2,888 square foot former Burger King restaurant located in the heart of Downtown Dobson, North Carolina. Situated on a one-acre lot at the corner of Main Street and E. Kapp Street (a signalized intersection), this free-standing building boasts high visibility and convenient access. The property features a drive-thru, 33 parking spaces (including two handicap-accessible spaces), brick facing, tile flooring, and one restroom. Inside, you'll find a traditional quick-service restaurant layout with an extensive kitchen area, including walk-in coolers, an interior dining area, and even exterior seating. The building was constructed in 1997 and is zoned B1. The lot dimensions are 110 feet of frontage and 297 feet deep. This property benefits from its proximity to municipal offices and a Walgreens. The assessed value is $571,680, with a tax land value of $275,670 and a tax improvements value of $296,010. The asking price for this turnkey property is $795,000. This represents a compelling opportunity for a savvy investor or entrepreneur seeking a high-traffic location in a thriving community.
The intent of the B-1 Central Business District is to provide an area near the center of Dobson where compatible commercial and governmental uses may be established that do not infringe on neighboring residential uses
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Dobson, NCThe intent of the B-1 Central Business District is to provide an area near the center of Dobson where compatible commercial and governmental uses may be established that do not infringe on neighboring residential uses
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.