Property profile

18 3rd St Wendell, NC 27591

OFF-MARKET
Turn key restaurants
Property ID
US53-0139493
5,700 SF 0.77 ac lot Built 1984
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 5,700 SF
Lot 0.77 ac (33,541 SF)
Zoning code DMX
APN 1783.07-69-6952 0013315
UPID US53-0139493

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
  • Cafe & Coffee Shop
  • (Bike/Boat/Book/etc) Store

Location

18 3rd St Wendell, NC 27591
Wendell metro Census 54402 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2023
7 recorded transactions
2023
$300,000
2022
Price N/A
2019
Price N/A
2006
$285,000
2003
$280,000
2003
$280,000
2003
Price N/A

Zoning & alternative use

DMX · Wendell, NC
Zoning description

The Downtown Mixed-Use District is coded to encourage the redevelopment and expansion of the traditional Downtown area. Individual buildings are encouraged to be mixed vertically with street level commercial and upper le…

General category MIXED_USE

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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