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    Property profile & analytics

    231 Grand Hl Pl Holly Springs, NC 27540-4483

    • Turn key restaurants
    • 4,350 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $2,475,000
    Last Sale
    Mar 12, 2021
    $2,000,000
    Location Intelligence
    Property ID
    US53-3825373
    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

    • Panera Bread / Coffee Shop / Bakery
    • Natalie Davis-Lewis / Vehicle Shipping Agent

    Property Details for 231 Grand Hl Pl

    Year built
    2017
    Construction
    BRICK
    Lot size
    0.93 lot acres
    Property size
    4,350 SF
    Zone code
    CB
    Property type
    Turn key restaurants
    APN
    0649.02-67-1001 0434728
    APU
    649026710010434728

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,590,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,245,000
      6.5%
      $2,070,000
      7%
      $2,190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,270,000
      Geo Method
      $2,200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,380,000
      Retail
      $2,425,000
      Mixed-Use
      $2,120,000
      Hospitality
      $2,375,000
      Educational
      $2,375,000
      Residential Income
      $2,270,000
      Energy
      $2,205,000
      Income-Based Land
      $1,860,000
      Food Service
      $1,835,000

    Location Insight

    • Map
    • Local Demand
    City
    Holly Springs
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8447
    Latitude
    35.6651
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, 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
    $14,070
    $340,292
    $964,173
    $1,304,465
    -
    $340,292
    $964,173
    $1,304,465

    Comparable in this City

    • Value Estimation by Request
      6,126 SF

      111 Grand Hl Pl

      RESTAURANT • 6,126 SF
      111 Grand Hl Pl, Holly Springs, NC 27540-4415
      View Details
    • Value Estimation
      $2,380,000
      7,425 SF

      201 Grand Hl Pl

      RESTAURANT • 7,425 SF
      201 Grand Hl Pl, Holly Springs, NC 27540-4483
      View Details
    • Value Estimation by Request
      5,403 SF

      7304 Gb Alford Hwy

      RESTAURANT • 5,403 SF
      7304 Gb Alford Hwy, Holly Springs, NC 27540-7692
      View Details
    • Value Estimation
      $460,000
      3,337 SF

      325 Main St

      RESTAURANT • 3,337 SF
      325 Main St, Holly Springs, NC 27540-9196
      View Details
    • Value Estimation
      $805,000
      3,016 SF

      321 Main St

      RESTAURANT • 3,016 SF
      321 Main St, Holly Springs, NC 27540-9196
      View Details
    • Value Estimation by Request
      7,899 SF

      109 New Hl Rd

      RESTAURANT • 7,899 SF
      109 New Hl Rd, Holly Springs, NC 27540
      View Details

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    Similar Nearby for Lease

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      Holly Springs Retail Space Available

      Downtown Holly Springs retail space, 1,360 sq ft.
      2112 Werrington Dr, Holly Springs, NC 27540
      View Details
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      Retail Development in Holly Springs

      Retail development with grocery anchor, shop buildings, and outparcels.
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      View Details
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      Stand-alone 1,782 SF building on 0.43 acres in Downtown Cary.
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      View Details
    • $29 SF/Yr
      51,972 SF

      Retail Space in Holly Springs

      Second-generation retail space in a walkable, mixed-use neighborhood.
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    • $35 SF/Yr
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      Main Street Vista Retail Spaces

      Prime Holly Springs Retail Opportunity
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      Grocer Anchored Shopping Center Space

      Retail space available in established Holly Springs shopping center.
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      View Details

    Property Visit Statistics

    • Visits by month
      24.6k
    • Visitors by month
      16.5k
    • Avg Time on site
      26 min
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    Holly Springs, NC 27540-4483
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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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