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    Property profile & analytics

    20050 Nc 902nd Hwy Bear Creek, NC 27207-9184

    • Turn key restaurants
    • 7,053 SF
    • 11.60 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Jan 27, 2025
    Location Intelligence
    Property ID
    US53-1771067
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 20050 Nc 902nd Hwy

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.60 lot acres
    Property size
    7,053 SF
    Zone code
    IND-L
    Property type
    Turn key restaurants
    APN
    60289
    APU
    60289

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bear Creek
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.4662
    Latitude
    35.5684
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,500
    $102,913
    $85,745
    $188,658
    -
    $102,913
    $85,745
    $188,658

    Comparable in this City

    • Value Estimation by Request
      2,956 SF

      5210 Siler City Glendon Rd

      RESTAURANT • 2,956 SF
      5210 Siler City Glendon Rd, Bear Creek, NC 27207
      View Details
    • Value Estimation
      $315,000
      1,960 SF

      290 Barker Rd

      RESTAURANT • 1,960 SF
      290 Barker Rd, Bear Creek, NC 27207-9308
      View Details
    • Value Estimation by Request
      702 SF

      343 Laurel Hl Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 702 SF
      343 Laurel Hl Dr, Bear Creek, NC 27207-7252
      View Details
    • Value Estimation
      $385,000
      7,200 SF

      19960 Nc 902nd Hwy

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      19960 Nc 902nd Hwy, Bear Creek, NC 27207-9183
      View Details
    • Value Estimation by Request
      1,878 SF

      Bonlee Bennett Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,878 SF
      Bonlee Bennett Rd, Bear Creek, NC 27207
      View Details
    • Value Estimation
      $265,000
      1,560 SF

      8171 Pittsboro Goldston Rd

      CONVENIENCE STORE • 1,560 SF
      8171 Pittsboro Goldston Rd, Bear Creek, NC 27207
      View Details

    Similar Nearby for Sale

    • $379,900
      20.74 Acres

      20+ Acres Fenced Land

      Fenced 20+ acre land with pond access and utilities.
      Siler City Glendon Rd, Bear Creek, NC 27207
      View Details
    • New
      $335,000
      Pending

      Chatham County Land For Sale

      16.7 acres in Chatham County, suitable for a mini-farm.
      Siler City Glendon Rd, Bear Creek, NC 27207
      View Details
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    Bear Creek, NC 27207-9184
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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