Property profile

216 Cleveland Ave Kings Mountain, NC 28086

OFF-MARKET
Drive through restaurants
Property ID
US53-3391772
2,258 SF 0.99 ac lot Built 2018
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Total area 2,258 SF
Lot 0.99 ac (43,124 SF)
Zoning code GB
APN 49995
UPID US53-3391772

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 Take-out & Catering

Location

216 Cleveland Ave Kings Mountain, NC 28086-3106
Kings Mountain metro Census 950500 SHELBY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.65M

Owner & transaction history

since 2022
Last sale
$2.3M
4 recorded transactions
2022
$2.3M
2019
Price N/A
2018
$1.8M
2018
Price N/A

Zoning & alternative use

GB · Kings Mountain, NC

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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