Property profile

2240 Walnut St Cary, NC 27518

OFF-MARKET
Turn key restaurants
Property ID
US53-0402296
7,069 SF 1.76 ac lot Built 2001
Entity Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Construction BRICK
Total area 7,069 SF
Lot 1.76 ac (76,666 SF)
Zoning code GCCU
APN 0772.07-69-4748 0267698
UPID US53-0402296

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

2240 Walnut St Cary, NC 27518-9208
Cary metro Census 53003 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2001
6 recorded transactions
2016
Price N/A
2001
$1.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GCCU · Cary, 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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