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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Turn key restaurants
231 Vineyard Ln Dobson, NC 27017-8788
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4824134
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Construction
WOOD
Total area
5,141 SF
Lot
54.55 ac (2,376,198 SF)
Zoning code
RA
APN
4996-00-98-6856
UPID
US53-4824134
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$841k
Blend (final)
Blend
$910k
Owner & transaction history
Herrera Vineyards LLC · 13 yrs held
Herrera Vineyards LLC
since 2012
3 recorded transactions
Zoning & alternative use
RA · Dobson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the R-A Residential-Agricultural District is to maintain a rural development pattern in the extraterritorial jurisdiction (ETJ) area where single-family housing will be separated from one another by open field or wooded areas. The impact of one homeowner's activities on his neighbor will be less than if the property owners were located side by…
Zone name
Residential Agricultural
General category
INDUSTRIAL
Zone area
2,877.48 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dobson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dobson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$177 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$19,232
Tax year 2024
Assessed value
$1,953,340
Assessed 2024
Previous assessed
$1,953,340
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$531,860
Assessed improvement
$1,421,480
Land market value
$531,860
Improvement market value
$1,421,480
Total market value
$1,953,340
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
2
Total area
5,141 SF
Lot
54.55 ac (2,376,198 SF)
Zoning code
RA
APN
4996-00-98-6856
UPID
US53-4824134
Jurisdiction
SURRY
Zoning & alternative use
RA · Dobson, NCZoning RA · permitted uses
RA · Dobson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the R-A Residential-Agricultural District is to maintain a rural development pattern in the extraterritorial jurisdiction (ETJ) area where single-family housing will be separated from one another by open field or wooded areas. The impact of one homeowner's activities on his neighbor will be less than if the property owners were located side by side in a subdivision. Consequently, the property owner may have more freedom to use his land as he sees fit. However, it is clearly the intent to exclude commercial or industrial uses that will infringe on agricultural and residential use of the area
Zone name
Residential Agricultural
General category
INDUSTRIAL
Zone area
2,877.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
3
Lot
54.55 ac
Current owner
From public records · entity-resolved
Herrera Vineyards LLC
Entity
Free & Clear · 13 yrs held
Mailing address
187 CARDINAL RDG LN, DOBSON, NC 27017-8652
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2012
—
Herrera Vineyards LLC
Carolina Carports INC
Warranty Deed
—
Sep 2, 2010
—
Carolina Carports INC
Carolina Farm Credit Aca
Warranty Deed
—
Dec 18, 2009
$1,545,000
Carolina Farm Credit Aca
Dana H Theis
Trustees Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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