Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Drive through restaurants
314 Washington St Nashville, NC 27856-1262
Entity Owned
Free & Clear
Property ID
US53-2829335
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2010
Total area
1,581 SF
Lot
0.65 ac (28,314 SF)
Zoning code
A1
APN
380118-42-6068
UPID
US53-2829335
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
-
Waffle House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.80M
Owner & transaction history
W H CAPITAL LLC
W H CAPITAL LLC
Zoning & alternative use
A1 · Nashville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The A-1 district is defined as one to provide land for future development while permitting continued agricultural use until such time that development is appropriate, it is assumed that approved wells and septic tanks will be utilized until such time as municipal water and sewer is available, This district is situated primarily in the town's extraterritorial…
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
3,949.99 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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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
$2,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±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
$1,139 / 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
$3,638
Tax year 2024
Assessed value
$553,140
Assessed 2024
Previous assessed
$553,140
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$157,620
Assessed improvement
$395,520
Land market value
$157,620
Improvement market value
$395,520
Total market value
$553,140
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2010
Heating
NONE
Total area
1,581 SF
Lot
0.65 ac (28,314 SF)
Zoning code
A1
APN
380118-42-6068
UPID
US53-2829335
Jurisdiction
NASH
Zoning & alternative use
A1 · Nashville, NCZoning A1 · permitted uses
A1 · Nashville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The A-1 district is defined as one to provide land for future development while permitting continued agricultural use until such time that development is appropriate, it is assumed that approved wells and septic tanks will be utilized until such time as municipal water and sewer is available, This district is situated primarily in the town's extraterritorial jurisdiction
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
3,949.99 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Lot
0.65 ac
Current owner
From public records · entity-resolved
W H CAPITAL LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 6450, NORCROSS, GA 30091-6450
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 314 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
