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    Property profile & analytics
    OFF-MARKET Estimated value $2,475,000
    Turn key restaurants

    1457 Benvenue Rd, Rocky Mount, NC 27804-1884

    4,406 SF 0.47 ac lot Built 2004
    Entity Owned 10-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-3554591
    Property summary
    AI-generated overview

    This exceptional 4,996-square-foot freestanding restaurant space in Rocky Mount, North Carolina, presents a remarkable opportunity. Located on a high-traffic commercial street, this single-tenant property boasts a convenient location near major retailers such as Planet Fitness, Walmart, Burlington Coat Factory, and Office Depot, ensuring high visibility and foot traffic. Built in 2004 and renovated in 2020, the building offers a modern and well-maintained space ready for immediate occupancy. The property features a substantial hood system, indoor freezers, and a grease trap, all essential components for a successful restaurant operation. With multiple points of entry and ample parking facilitated by a cross easement, this property offers unparalleled convenience for both staff and patrons. The 0.47-acre lot provides significant space, and the B2CD zoning allows for a variety of restaurant concepts. This is a second-generation restaurant space, offering a turnkey solution for restaurateurs seeking a prime location in a thriving commercial area. The property's single-story design and lack of elevators are noted. The APN is 035734. Don't miss this chance to establish your restaurant in a high-demand area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2004
    Construction FRAME
    Total area 4,406 SF
    Lot 0.47 ac (20,473 SF)
    APN 385113-23-4467
    UPID US53-3554591
    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
    • Dodge City Steakhouse Rocky Mount Take-out & Catering Catering Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.58M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.37M
    Blend (final) Blend
    $2.48M
    Owner & transaction history
    Discovery Bay Development INC · 10 yrs held
    Discovery Bay Development INC
    since 2016
    1 recorded transaction
    2016
    $840,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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