Property profile

240 Sunset Ave Asheboro, NC 27203

OFF-MARKET
Turn key restaurants
Property ID
US53-5551498
1,792 SF 0.13 ac lot Built 1930
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction WOOD
Total area 1,792 SF
Lot 0.13 ac (5,663 SF)
Zoning code B3
APN 7751724843
UPID US53-5551498

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

240 Sunset Ave Asheboro, NC 27203-5610
Asheboro metro Census 30100 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$130k

Owner & transaction history

since 2008
3 recorded transactions
2008
$250,000
2008
$250,000
2007
$1,500

Zoning & alternative use

B3 · Asheboro, NC
Zoning description

The B3 Central Commercial District is intended to be applied to the traditional commercial, governmental, administrative and service core of Asheboro, commonly known as the Central Business District

General category CIVIC_INSTITUTIONAL

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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