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Property profile & analytics
FOR LEASE
Drive through restaurants
1826 Broad St Statesville, NC 28625-4308
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-3789424
For Lease
1 / 3
Contact for pricing
1826 Broad St, Statesville, NC 28625-4308
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Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,381 SF
Lot
0.73 ac (31,799 SF)
Zoning code
B-2
APN
4754-07-3670.000
UPID
US53-3789424
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
-
Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
BOAN SHERILYN M LIVING TRUST
BOAN SHERILYN M LIVING TRUST
Zoning & alternative use
B-2 · Statesville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
yard requirement. 4. Residential density shall be in accordance with the provisions of Section 6.02 (B) of this Ordinance. 5. On-site wastewater disposal shall be provided by public utilities (i.e. water and sewer). P. B-2 - Neighborhood business district Purpose: The purpose of this district is to accommodate commercial activities along collector streets an…
Zone name
Neighborhood Business District
General category
COMMERCIAL
Zone area
171.91 ac
Source
code of ordinances
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 Statesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesville 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
Method
Estimation
Statistic approach
by Request
ML approach
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$113 / SF
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
$8,745
Tax year 2023
Assessed value
$859,390
Assessed 2023
Previous assessed
$804,470
+6.8% YoY
Effective rate
1.02%
On assessed value
Assessed land
$438,000
Assessed improvement
$421,390
Land market value
$438,000
Improvement market value
$421,390
Total market value
$859,390
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
2,381 SF
Lot
0.73 ac (31,799 SF)
Zoning code
B-2
APN
4754-07-3670.000
UPID
US53-3789424
Jurisdiction
IREDELL
Zoning & alternative use
B-2 · Statesville, NCZoning B-2 · permitted uses
B-2 · Statesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
yard requirement. 4. Residential density shall be in accordance with the provisions of Section 6.02 (B) of this Ordinance. 5. On-site wastewater disposal shall be provided by public utilities (i.e. water and sewer). P. B-2 - Neighborhood business district Purpose: The purpose of this district is to accommodate commercial activities along collector streets and thoroughfares, including the provision of goods and services to the local commun
Zone name
Neighborhood Business District
General category
COMMERCIAL
Zone area
171.91 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
BOAN SHERILYN M LIVING TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
3225 BROADMOOR DR, STATESVILLE, NC 28625-4685
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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