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    Property profile & analytics

    1563 Andrews Rd Murphy, NC 28906-5113

    • Drive through restaurants
    • 3,587 SF
    • 2.44 lot acres
    OFF-MARKET
    Value Estimation
    $2,290,000
    Last Sale
    Oct 20, 2021
    $2,460,000
    Location Intelligence
    Property ID
    US53-4805100
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1563 Andrews Rd

    Year built
    2014
    Construction
    WOOD
    Lot size
    2.44 lot acres
    Property size
    3,587 SF
    Zone code
    HB
    Property type
    Drive through restaurants
    APN
    550303223525000
    APU
    550303223525000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,090,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,640,000
      6.5%
      $2,355,000
      7%
      $2,275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,225,000
      Geo Method
      $2,345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,605,000
      Retail
      $2,635,000
      Mixed-Use
      $2,700,000
      Hospitality
      $2,240,000
      Educational
      $2,630,000
      Residential Income
      $2,560,000
      Energy
      $2,095,000
      Income-Based Land
      $2,700,000
      Food Service
      $2,705,000

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Cherokee
    State
    North Carolina
    Longitude
    -84.01
    Latitude
    35.1095

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $0.00
    $0.00
    $1,801,100
    -
    $829,600
    $971,500
    $1,801,100

    Comparable in this City

    • Value Estimation by Request
      1,716 SF

      2042 Us 19

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,716 SF
      2042 Us 19, Murphy, NC 28906-5106
      View Details
    • Value Estimation by Request
      2,759 SF

      728 Us Hwy 64

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,759 SF
      728 Us Hwy 64, Murphy, NC 28906-8115
      View Details
    • Value Estimation by Request
      3,519 SF

      1510 Andrews Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,519 SF
      1510 Andrews Rd, Murphy, NC 28906-5113
      View Details
    • Value Estimation by Request
      1,320 SF

      630 Us Hwy 64

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,320 SF
      630 Us Hwy 64, Murphy, NC 28906-8100
      View Details
    • Value Estimation by Request
      5,189 SF

      450 Us Hwy 64

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,189 SF
      450 Us Hwy 64, Murphy, NC 28906-3119
      View Details
    • Value Estimation by Request
      2,950 SF

      451 Us Hwy 64

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,950 SF
      451 Us Hwy 64, Murphy, NC 28906-3118
      View Details

    Similar Nearby for Sale

    • $709,000
      3,600 SF

      Established Restaurant with Upscale Apartment

      Turn-key restaurant with a luxurious loft-style apartment in downtown Murphy.
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      View Details
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      10.47 Acres

      High-Traffic Commercial Land in Murphy

      10.47-acre commercial site with income-producing buildings and development potential.
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    • $275,900
      3,298 SF

      Highway Commercial Building For Sale

      Versatile commercial building with excellent visibility and access.
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    • $228,800
      1,500 SF

      Commercial Building with Highway Frontage

      Versatile commercial building with excellent road frontage and visibility.
      63 Drew Taylor Rd, Murphy, NC 28906
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    • $189,000

      Established Retail Furniture Business

      Turnkey retail furniture business opportunity on high-traffic corridor.
      Hwy. 64 W, Murphy, NC 28906
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    • $99,000

      Turn-Key Retail Business Opportunity

      Established retail business in downtown Murphy, NC with immediate potential.
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    Similar Nearby for Lease

    • $10 SF/Yr
      14,520 SF

      Murphy NC Commercial Space

      Prime Retail/Office Space Available
      1142 Us-64, Murphy, NC 28906
      View Details
    • Contact for pricing
      2,140 SF

      Retail Space Near Walmart

      Retail space in Murphy Plaza, anchored by Walmart.
      2320 Us 19, Murphy, NC 28906
      View Details

    Property Visit Statistics

    • Visits by month
      21.2k
    • Visitors by month
      12.7k
    • Avg Time on site
      11 min
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    1563 Andrews Rd
    Murphy, NC 28906-5113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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