Property profile

1407 Main St Cherryville, NC 28021

OFF-MARKET
Turn key restaurants
Property ID
US53-5324153
2,800 SF 0.4 ac lot Built 1994
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Total area 2,800 SF
Lot 0.4 ac (17,424 SF)
Zoning code REST2
APN 215920
UPID US53-5324153

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1407 Main St Cherryville, NC 28021-8932
Cherryville metro Census 30700 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2004
2 recorded transactions
2004
Price N/A
1969
Price N/A

Zoning & alternative use

REST2 · Cherryville, NC

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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