Property profile

1420 E Broad St Fuquay Varina, NC 27526

FOR SALE
Turn key restaurants
Property ID
US53-0388721
10,359 SF 1.82 ac lot Built 2004
Entity Owned 5-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Restaurant

Location

1420 E Broad St Fuquay Varina, NC 27526
Fuquay Varina metro Census 53105 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.92M

Owner & transaction history

since 2020
Last sale
$1.4M
5 recorded transactions
2020
$1.4M
2011
$2.0M
2009
$2.4M
2008
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Fuquay Varina, NC
Zoning description

The CC zoning district is intended to accommodate medium-scale intensity nonresidential development of a mix of convenience services, retail, office and limited institutional uses. This district is generally located at i…

General category CIVIC_INSTITUTIONAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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