Property profile

1622 Fwy Dr Reidsville, NC 27320

OFF-MARKET
Turn key restaurants
Property ID
US53-1766959
2,400 SF 0.45 ac lot Built 1994
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.45 ac (19,760 SF)
Zoning code HWY BUS REIDSVILLE
APN 7994-11-66-0565-00
UPID US53-1766959

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

1622 Fwy Dr Reidsville, NC 27320-7107
Reidsville metro Census 41502 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2021
Last sale
$250,000
5 recorded transactions
2022
Price N/A
2021
$81,500
2017
$250,000
2007
$185,000
1969
Price N/A

Zoning & alternative use

HWY BUS REIDSVILLE · Reidsville, 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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