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Property profile & analytics
FOR SALE
Turn key restaurants
1420 E Broad St, Fuquay Varina, NC 27526
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-0388721
For Sale
1 / 17
$4,500,000
1420 E Broad St, Fuquay Varina, NC 27526
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Construction
FRAME
Total area
10,359 SF
Lot
1.82 ac (79,279 SF)
Zoning code
CC
APN
0667.04-61-9110 0316195
UPID
US53-0388721
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
-
Cleveland Draft House of Fuquay Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.59M
Owner & transaction history
Baldies Restaurant Group LLC · 5 yrs held
Baldies Restaurant Group LLC
since 2020
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
CC · Fuquay Varina, 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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$1,920,000
ML approach
$2,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±10% · vs last sale $1.35M (Dec 21 2020)
Last sale anchor
$1.35M
Dec 21 2020
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
$153 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$37,527
Tax year 2023
Assessed value
$3,374,697
Assessed 2023
Previous assessed
$3,374,697
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,109,906
Assessed improvement
$2,264,791
Land market value
$1,109,906
Improvement market value
$2,264,791
Total market value
$3,374,697
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
2004
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,359 SF
Lot
1.82 ac (79,279 SF)
Zoning code
CC
APN
0667.04-61-9110 0316195
UPID
US53-0388721
Jurisdiction
WAKE
Zoning & alternative use
CC · Fuquay Varina, NC
Zoning CC · permitted uses
CC · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Baldies Restaurant Group LLC
Entity
Mailing address
10027 US 70TH BUSINESS HWY WF, CLAYTON, NC 27520-2115
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
$1,350,000
Baldies Restaurant Group LLC
Storm Real Estate Fuquay LLC
Special Warranty Deed
$2,711,500 · North State Bank
May 2, 2011
$2,025,000
Storm Real Estate Fuquay LLC
Stocks Investments INC
Warranty Deed
$2,103,750 · Fidelity Bank NA
Jan 28, 2009
$2,419,500
Stocks Investments INC
Chamm LLC
Grant Deed
$2,600,000 · Branch Banking & Trust Co
Dec 4, 2008
—
Chamm LLC
Shenandoah Inv Group LLC
Grant Deed
related
—
—
—
Storm Real Estate Fuquay LLC
—
Deed Of Trust
related
$2,100,000 · Newbridge Bank
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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