Technical
Financial
Distress signals
Property profile

1607 Walnut St Cary, NC 27511

OFF-MARKET
Drive through restaurants
Property ID
US53-0387009
1,136 SF 0.84 ac lot Built 1994
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1994
Construction BRICK
Total area 1,136 SF
Lot 0.84 ac (36,590 SF)
Zoning code GCCU
APN 0773.14-43-7121 0072052
UPID US53-0387009

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

1607 Walnut St Cary, NC 27511-5928
Cary metro Census 53516 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2004
1 recorded transaction
2004
$475,000

Zoning & alternative use

GCCU · Cary, NC

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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