Property profile

21904 Riverton Rd Wagram, NC 28396

OFF-MARKET
Breweries
Property ID
US53-4316645
8,781 SF 15.97 ac lot Built 2005
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Cypress Bend Vineyard presents a unique opportunity to acquire a thriving, turnkey vineyard and winery operation poised for continued expansion. This exceptional property encompasses approximately 15.97 acres, with over 10 acres dedicated to a well-maintained and healthy muscadine vineyard. The vineyard utilizes a high-wire trellis system, ideally suited for Muscadine grape cultivation. The property's winery complex is substantial, featuring a welcoming tasting room, a spacious interior events room perfect for hosting gatherings, a fully functional production winery, dedicated office space, and a large, all-season tent-covered patio, providing ample space for outdoor events and guest enjoyment. The winery's infrastructure is designed for efficient wine production and comfortable guest experiences. The property boasts convenient road frontage on Riverton Road, ensuring excellent accessibility and visibility. This turnkey operation offers immediate income potential and significant upside for a discerning buyer seeking a profitable and established business in the North Carolina wine region. The existing infrastructure and well-established vineyard provide a solid foundation for continued growth and success. All aspects of the business are in place, ready for a new owner to step in and continue the legacy of Cypress Bend Vineyard. The property's location and established reputation within the community present a compelling investment opportunity. The asking price is $2,800,000.

Property profile

Verified
Property type Breweries
Use group DISTILLERY, BREWERY, BOTTLING
Year built 2005
Construction FRAME
Total area 8,781 SF
Lot 15.97 ac (695,784 SF)
Zoning code RA
APN 030404 0100405
UPID US53-4316645

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
  • Brewery & Distillery Specialty Food Shop

Location

21904 Riverton Rd Wagram, NC 28396-8700
Wagram metro Census 10601 LAURINBURG, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2018
3 recorded transactions
2022
Price N/A
2018
Price N/A
2018
Price N/A

Zoning & alternative use

RA · Wagram, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21904 Riverton Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message