Property profile

3459 Us 1 Hwy Franklinton, NC 27525

FOR SALE
Turn key restaurants
Property ID
US53-1690944
3,188 SF 1 ac lot Built 1965
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 3459 US Highway 1 in Franklinton, NC, presents a unique investment opportunity. Built in 1965 and significantly remodeled in 1980 and 1990, the 2,288 square foot building boasts excellent visibility from US-1 and Highway 56, benefiting from an estimated 22,000 vehicles per day (VPD) on US-1 and 9,500 VPD on Highway 56. The property features 155 feet of road frontage, ensuring high exposure to potential customers. A built-in and covered drive-thru adds significant convenience, complemented by a prominent pole sign for enhanced branding. Practical features include a dumpster enclosure, a fully equipped interior, a walk-in cooler, and a walk-in freezer. Recent improvements include new curb and asphalt paving. Situated within city limits, this property offers the added advantage of an available ABC permit. The one-acre lot provides ample space for operations and potential expansion. This turnkey operation is ready for immediate occupancy.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 3,188 SF
Lot 1 ac (43,560 SF)
Zoning code C-3H
APN 7636
UPID US53-1690944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3459 Us 1 Hwy Franklinton, NC 27525
Franklinton metro Census 60401 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

C-3H · Franklinton, NC

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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More about this property
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