Property profile

1500 Williams St Apex, NC 27539

OFF-MARKET
Drive through restaurants
Property ID
US53-5421180
3,109 SF 1 ac lot Built 1997
Trust Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1997
Construction BRICK
Total area 3,109 SF
Lot 1 ac (43,560 SF)
Zoning code PC-CU
APN 0741.04-73-7689 0235560
UPID US53-5421180

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 Take-out & Catering

Location

1500 Williams St Apex, NC 27539-7701
Apex metro Census 53432 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2020
3 recorded transactions
2020
$270,500
2008
$2.0M
2007
$1.5M

Zoning & alternative use

PC-CU · Apex, NC
Zoning description

The purpose and intent of the PC Planned Commercial District is to encourage the development of a moderate and high intensity mix of convenience and citywide serving convenience and regional retail and related uses withi…

General category COMMERCIAL

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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