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Property profile & analytics
OFF-MARKET
Drive through restaurants
301 Faith Rd, Salisbury, NC 28146-7007
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1341228
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Total area
3,206 SF
Lot
0.82 ac (35,719 SF)
Zoning code
HB:HIGHWAY BUSINESS
APN
070 131
UPID
US53-1341228
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
Current use
Occupant on record · Public records
-
Zaxby's Chicken Fingers & Buffalo Wings Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Salisbury Eats Too LLC · 3 yrs held
Salisbury Eats Too LLC
since 2023
7 recorded transactions
Zoning & alternative use
HB:HIGHWAY BUSINESS · Salisbury, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,460
Tax year 2023
Assessed value
$1,209,029
Assessed 2023
Previous assessed
$951,261
+27.1% YoY
Effective rate
1.20%
On assessed value
Assessed land
$517,926
Assessed improvement
$691,103
Land market value
$517,926
Improvement market value
$691,103
Total market value
$1,209,029
Applied tax rate
101.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1999
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,206 SF
Lot
0.82 ac (35,719 SF)
Zoning code
HB:HIGHWAY BUSINESS
APN
070 131
UPID
US53-1341228
Jurisdiction
ROWAN
Zoning & alternative use
HB:HIGHWAY BUSINESS · Salisbury, NC
Zoning HB:HIGHWAY BUSINESS · permitted uses
HB:HIGHWAY BUSINESS · Salisbury, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Salisbury Eats Too LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 490, HULL, GA 30646-0490
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
—
Salisbury Eats Too LLC
Griffeth Properties LLC
Special Warranty Deed
—
Nov 1, 2012
—
Griffeth Properties LLC
—
Trustees Deed
related
$1,600,000 · Oconee State Bank
Feb 16, 2005
—
Griffeth Properties LLC
—
Trustees Deed
related
$250,000 · Athens First Bank & Trust
—
—
Griffeth Properties LLC
—
Deed Of Trust
related
$304,000 · Branch Bk&tr
—
—
Griffeth Properties LLC
—
Loan Modification
related
$250,000 · Athens First Bank & Trust
—
—
Griffeth Properties LLC
—
Deed Of Trust
related
$1,381,000 · Oconee State Bank
—
—
Griffeth Properties LLC
—
Deed Of Trust
related
$895,143 · First Georgia Banking Co
—
—
Griffeth Properties LLC
—
Deed Of Trust
related
$77,585 · Oconee State Bank
—
—
Griffeth Properties LLC
—
Deed Of Trust
related
$674,282 · Oconee State Bank
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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