Property profile

3575 Cedar Is Rd Cedar Island, NC 28520

OFF-MARKET
Turn key restaurants
Property ID
US53-2690172
13,404 SF 184.54 ac lot Built 1952
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,404 SF
Lot 184.54 ac (8,038,562 SF)
APN 8407.03.21.9531000
UPID US53-2690172

Cap rate & NOI

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

Location

3575 Cedar Is Rd Cedar Island, NC 28520
Cedar Island metro Census 970102 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.24M

Owner & transaction history

since 2022
Last sale
$1.2M
6 recorded transactions
2022
Price N/A
2022
$4.7M
2022
Price N/A
2021
Price N/A
2018
Price N/A
2016
$1.2M

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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