Property profile

1855 Aspen St Lincolnton, NC 28092

OFF-MARKET
Turn key restaurants
Property ID
US53-1554324
3,580 SF 0.95 ac lot Built 2004
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,580 SF
Lot 0.95 ac (41,556 SF)
Zoning code N-B
APN 52635
UPID US53-1554324

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

1855 Aspen St Lincolnton, NC 28092-7291
Lincolnton metro Census 70201 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2011
Price N/A

Zoning & alternative use

N-B · Lincolnton, NC
Zoning description

tial District 153.108 R-8 Single and Two-Family Medium Density Residential District 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112…

General category COMMERCIAL

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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