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    Property profile & analytics

    1405 Madison St Whiteville, NC 28472-4923

    • Turn key restaurants
    • 5,037 SF
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US53-4851560
    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

    • Southern Sizzler / Buffet Restaurant / Restaurant

    Property Details for 1405 Madison St

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    5,037 SF
    Property type
    Turn key restaurants
    APN
    0280.04-73-0363.000
    APU
    28004730363000

    Description

    This exceptional business opportunity presents a substantial 5,070 square foot building situated on a 0.85-acre lot at 1405 S Madison Street in Whiteville, North Carolina. The property's strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The expansive square footage offers ample space for diverse business operations, allowing for customization and expansion to meet specific needs. The 0.85-acre lot provides generous outdoor space, potentially suitable for additional development or parking. Priced at $550,000, this property represents a significant investment opportunity in a thriving North Carolina community. The building's size and location offer considerable potential for growth and profitability. Serious inquiries are encouraged to explore the possibilities this prime commercial property offers. The property is ready for immediate occupancy, allowing for a swift transition into business operations. Its established location within Whiteville provides access to a well-established customer base and local infrastructure. This is a rare chance to acquire a substantial commercial property in a desirable location, offering a strong foundation for future success. Don't miss this chance to secure a prime piece of Whiteville real estate.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Whiteville
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.7117
    Latitude
    34.3083

    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
    2023
    $5,493
    $233,800
    $162,700
    $396,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,576 SF

      117 Ml St

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      1,600 SF

      724 Madison St

      RESTAURANT • 1,600 SF
      724 Madison St, Whiteville, NC 28472-4612
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      500 Greenhill Dr

      RESTAURANT • 8,000 SF
      500 Greenhill Dr, Whiteville, NC 28472-5035
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      1,256 SF

      310 Virgil St

      RESTAURANT • 1,256 SF
      310 Virgil St, Whiteville, NC 28472
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      1032 Madison St

      RESTAURANT • 3,000 SF
      1032 Madison St, Whiteville, NC 28472-4504
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    • Value Estimation by Request
      1,340 SF

      103 Washington St

      RESTAURANT • 1,340 SF
      103 Washington St, Whiteville, NC 28472-3315
      View Details

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    Similar Nearby for Lease

    • $4,000 /Mo
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      Downtown Corner Commercial Building For Rent

      Two-story, 6,000 SF commercial building in downtown Whiteville, NC.
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    1405 Madison St
    Whiteville, NC 28472-4923
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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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