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Property profile & analytics
OFF-MARKET Estimated value $1,840,000
Turn key restaurants

19707 Liverpool Pkwy Cornelius, NC 28031-4058

6,063 SF 1.05 ac lot Built 1996
Entity Owned 5-yr Hold Free & Clear
Property ID
US53-0946080
Property summary
AI-generated overview

This exceptional 6,000-square-foot restaurant building presents a unique opportunity in the thriving Cornelius, North Carolina market. Situated on a 1.08-acre lot, this single-story property boasts 57 parking spaces, a significant advantage given city parking restrictions. Its convenient location on Liverpool Parkway places it just one parcel away from the high-traffic Catawba Avenue intersection, a key area for commercial and retail development. The property is zoned HB, offering favorable development potential. The building's previous use as a restaurant provides a solid foundation for a variety of food service concepts or potential repurposing. The ample parking and prominent location ensure high visibility and accessibility for customers. The substantial lot size offers flexibility for expansion or outdoor seating areas. This property is ideally suited for an entrepreneur seeking a well-positioned space in a bustling commercial hub. The existing infrastructure minimizes upfront investment, allowing for a quicker start to operations. With its prime location and substantial size, this property represents a compelling investment opportunity in a rapidly growing area. The one-acre lot provides significant potential for future development or expansion, further enhancing its long-term value. This is a rare chance to acquire a turnkey restaurant space in a highly desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Total area 6,063 SF
Lot 1.05 ac (45,738 SF)
Zoning code HC
APN 527112
UPID US53-0946080
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.38M
Blend (final) Blend
$1.84M
Owner & transaction history
Ph 19707 Liverpool Pkwy LLC · 5 yrs held
Ph 19707 Liverpool Pkwy LLC
since 2021
Last sale
$1.8M
5 recorded transactions
2021
$1.8M
2017
$1.0M
2006
$1.7M
1997
$390,000
1995
$390,000
Zoning & alternative use
HC · Cornelius, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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