Property profile

23848 Nc Hwy 71st N Parkton, NC 28371

OFF-MARKET
Turn key restaurants
Property ID
US53-3269396
9,250 SF 1.13 ac lot Built 2010
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2010
Total area 9,250 SF
Lot 1.13 ac (49,223 SF)
APN 13050302802
UPID US53-3269396

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23848 Nc Hwy 71st N Parkton, NC 28371-9138
Parkton metro Census 960203 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.44M

Owner & transaction history

since 2010
2 recorded transactions
2010
$791,000
2009
$90,000

Zoning & alternative use

Top alternative use upside
Office building $890,000 +8.4%
Commercial (general) $885,000 +8.0%

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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