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Property profile & analytics

3219 Old Nc Highway 49 Asheboro, NC 27205

  • Turn key restaurants
  • 2,568 SF
  • 1.56 lot acres
Value Estimation
Last Sale
Nov 05, 2020
$315,000
Location Intelligence
Property ID
US53-4870362
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 3219 Old Nc Highway 49

Year built
2006
Lot size
1.56 lot acres
Property size
2,568 SF
Zone code
RBOCD
Property type
Turn key restaurants
APN
7730112388
APU
7730112388

Description

This turnkey restaurant opportunity in Asheboro, NC, presents a unique chance to acquire a well-established business and real estate. Located at 3219 Old NC Hwy 49, this 2,568 square foot restaurant boasts 16 years of operational history under its current ownership, which began in 2017. The property includes a spacious dining room with seating for 120 patrons, plus an additional 40 seats on the patio. A convenient drive-thru window caters to a diverse clientele. The ample parking lot easily accommodates even tractor-trailers. Recent significant improvements include a new $35,000 well and a $70,000 septic system, along with a flat roof replacement and HVAC upgrades. The majority of the restaurant equipment, including that updated within the last two years, and a storage building are included in the sale. A security system is in place. The restaurant operates Tuesday through Sunday, from 11 am to 9 pm. The seller is willing to assist with a two-week transition period. The property sits on a 1.56-acre lot (APN 7730112388) and is zoned RBO-CD RR RA. County approval for a brown bag license is a possibility. Detailed financial information is available upon request. This is a profitable, local staple ready for a new owner.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $230,000
    6.5%
    $265,000
    7%
    $230,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $250,000
    Geo Method
    $240,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $265,000
    Retail
    $265,000
    Mixed-Use
    $225,000
    Hospitality
    $255,000
    Educational
    $225,000
    Residential Income
    $245,000
    Energy
    $245,000
    Income-Based Land
    $275,000
    Food Service
    $220,000

Location Insight

  • Map
  • Local Demand
City
Asheboro
County
Randolph
State
North Carolina
Longitude
-79.9048
Latitude
35.6738
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,642
$64,480
$188,200
$252,680
-
$64,480
$188,200
$252,680
More about this property
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