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Property profile & analytics
FOR SALE
Turn key restaurants
1200 Eastern Ave Nashville, NC 27856
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-2746506
For Sale
$1,914,255
1200 Eastern Ave, Nashville, NC 27856
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2009
Total area
3,775 SF
Lot
1.09 ac (47,480 SF)
Zoning code
B1
APN
381118-50-0201
UPID
US53-2746506
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
-
Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.58M
Blend (final)
Blend
$2.64M
Owner & transaction history
Blue Topaz North Carolina LLC · 5 yrs held
Blue Topaz North Carolina LLC
since 2021
Last sale
$2.2M
3 recorded transactions
Zoning & alternative use
B1 · Nashville, 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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.64M
Range $2.37M – $2.90M · ±10% · vs last sale $2.16M (Jun 17 2021)
Last sale anchor
$2.16M
Jun 17 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$698 / SF
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
$9,844
Tax year 2024
Assessed value
$1,576,960
Assessed 2024
Previous assessed
$1,576,960
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$545,000
Assessed improvement
$1,031,960
Land market value
$545,000
Improvement market value
$1,031,960
Total market value
$1,576,960
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
For Sale
Year built
2009
Heating
NONE
Total area
3,775 SF
Lot
1.09 ac (47,480 SF)
Zoning code
B1
APN
381118-50-0201
UPID
US53-2746506
Jurisdiction
NASH
Zoning & alternative use
B1 · Nashville, NC
Zoning B1 · permitted uses
B1 · Nashville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Lot
1.09 ac
Current owner
From public records · entity-resolved
Blue Topaz North Carolina LLC
Entity
Mailing address
PO BOX 780794, WICHITA, KS 67278-0794
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2021
$2,163,500
Blue Topaz North Carolina LLC
Morris L Young
Special Warranty Deed
$2,734,000 · Triad Financial Services INC
Mar 20, 2015
$2,938,500
Morris L Young
Realty Vanc LLC
Special Warranty Deed
$3,900,000 · First Internet Bank Of Indiana
Mar 3, 2011
$1,459,500
Realty Vanc LLC
Sechrist Management Group LLC
Warranty Deed
$200,000,000 · Bank Of America NA
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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