306 Blowing Rock Blvd Lenoir, NC 28645

OFF-MARKET

Drive through restaurants

Property ID

US53-1206478

2,272 SF 0.93 ac lot Built 2011

Entity Owned 5-yr Hold Free & Clear

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This exceptional freestanding retail building, located at 306 Blowing Rock Boulevard in Lenoir, North Carolina, presents a unique investment opportunity. Boasting a total of 2,272 square feet of space, the entire building is currently vacant and ready for immediate occupancy. The property sits on a sizable 0.92-acre lot, providing ample space for customer parking and potential future expansion. Its strategic location in Caldwell County ensures high visibility and accessibility for businesses seeking a strong presence in the Lenoir market. The single-tenant configuration offers flexibility and control for the prospective lessee. This property is ideal for a variety of retail uses, benefiting from its prominent location and substantial square footage. The building's condition and specific features will be detailed upon request. Serious inquiries are encouraged to explore the possibilities of establishing a thriving business in this prime Lenoir location. The property's address is 306 Blowing Rock Blvd, Lenoir, NC 28645. Contact us today to schedule a viewing and discuss lease terms.

Property type Drive through restaurants

Use group DRIVE-THRU RESTAURANT, FAST FOOD

Year built 2011

Construction WOOD

Total area 2,272 SF

Lot 0.93 ac (40,511 SF)

APN 09119 1 8

UPID US53-1206478

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

306 Blowing Rock Blvd Lenoir, NC 28645-4406

Lenoir metro Census 30500 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$160k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$225k

since 2021

1 recorded transaction

2021

Price N/A

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$355,000

3,613 SF

130 Blowing Rock Blvd

DRIVE-THRU RESTAURANT, FAST FOOD

130 Blowing Rock Blvd, Lenoir, NC 28645-4402

View Details
Value Estimation
$305,000

3,611 SF

428 Blowing Rock Blvd

DRIVE-THRU RESTAURANT, FAST FOOD

428 Blowing Rock Blvd, Lenoir, NC 28645-4408

View Details
Value Estimation
$315,000

8,762 SF

501 Harper SW Ave

DRIVE-THRU RESTAURANT, FAST FOOD

501 Harper SW Ave, Lenoir, NC 28645-5076

View Details
Value Estimation
$135,000

2,898 SF

670 Morganton SW Blvd

DRIVE-THRU RESTAURANT, FAST FOOD

670 Morganton SW Blvd, Lenoir, NC 28645-5823

View Details
Value Estimation
$245,000

2,874 SF

160 Blowing Rock Blvd

DRIVE-THRU RESTAURANT, FAST FOOD

160 Blowing Rock Blvd, Lenoir, NC 28645-4402

View Details
Value Estimation
$1,825,000

3,680 SF

346 Blowing Rock Blvd

DRIVE-THRU RESTAURANT, FAST FOOD

346 Blowing Rock Blvd, Lenoir, NC 28645-4406

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