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Property profile & analytics
OFF-MARKET
Turn key restaurants
174 Mckinley St, Coats, NC 27521-8976
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1373277
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1970
Construction
WOOD
Total area
2,170 SF
Lot
0.45 ac (19,602 SF)
Zoning code
C1
APN
7069016050002
UPID
US53-1373277
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
-
The Wing Company - Coats Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Coatstown LLC · 4 yrs held
Coatstown LLC
since 2022
Last sale
$350,000
5 recorded transactions
Zoning & alternative use
C1 · Coats, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Coats submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coats submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,803
Tax year 2023
Assessed value
$228,195
Assessed 2023
Previous assessed
$228,195
+0.0% YoY
Effective rate
1.23%
On assessed value
Land market value
$28,420
Improvement market value
$199,775
Total market value
$228,195
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,170 SF
Lot
0.45 ac (19,602 SF)
Zoning code
C1
APN
7069016050002
UPID
US53-1373277
Jurisdiction
HARNETT
Zoning & alternative use
C1 · Coats, NC
Zoning C1 · permitted uses
C1 · Coats, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coats. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Coatstown LLC
Entity
Mailing address
4105 WESTWOOD PL, RALEIGH, NC 27613-4224
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
$350,000
Coatstown LLC
Cornerstone Group Companies LLC
Special Warranty Deed
$306,000 · Providence Bank
Jul 2, 2021
—
Cornerstone Group Companies LLC
Arthur Faircloth Allen
Warranty Deed
$440,000 · Truist Bank
Dec 5, 2019
$150,000
Allen A Faircloth
Dorothy M Byrd
Warranty Deed
$127,500 · Branch Bk&tr
Dec 5, 2019
—
Dorothy M Byrd
Melinda C B Short
Grant Deed
related
—
May 16, 2006
—
Honeycutts Auto Sales INC
Byrd,dorothy M
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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