Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,470,000
Drive through restaurants
4000 Jones Sausage Rd Garner, NC 27529-9428
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-0351049
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2001
Construction
BRICK
Total area
3,887 SF
Lot
2.22 ac (96,703 SF)
Zoning code
IX-5
APN
1721.06-49-4632 0246119
UPID
US53-0351049
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
-
Fetch Truck Car Rental Facility
-
Smithfield's Chicken 'N Bar-B-Q Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.07M
Blend (final)
Blend
$3.47M
Owner & transaction history
Vivera Properties LLC · 3 yrs held
Vivera Properties LLC
since 2023
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
IX-5 · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+2.1%
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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
$3,575,000
ML approach
$3,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,100,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,140,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.47M
Range $3.12M – $3.82M · ±10% · vs last sale $3.46M (Jun 1 2023)
Last sale anchor
$3.46M
Jun 1 2023
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
$893 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,468
Tax year 2023
Assessed value
$2,263,814
Assessed 2023
Previous assessed
$2,263,814
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,157,535
Assessed improvement
$1,106,279
Land market value
$1,157,535
Improvement market value
$1,106,279
Total market value
$2,263,814
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
2001
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,887 SF
Lot
2.22 ac (96,703 SF)
Zoning code
IX-5
APN
1721.06-49-4632 0246119
UPID
US53-0351049
Jurisdiction
WAKE
Zoning & alternative use
IX-5 · Garner, NCZoning IX-5 · permitted uses
IX-5 · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.22 ac
Current owner
From public records · entity-resolved
Vivera Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 979, CARY, NC 27512-0979
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
$6,300,000
Vivera Properties LLC
J David Holdings LLC
Special Warranty Deed
—
Aug 13, 2018
—
J David Holdings LLC
—
Deed
related
$4,440,000 · Capital Bk
Jan 27, 2017
—
J David Holdings LLC
—
Deed
related
$2,132,000 · Capital Bk
Dec 11, 2013
$2,000,000
J David Holdings LLC
40 Jones LLC
Warranty Deed
related
$3,950,000 · Vantagesouth Bank
Jun 12, 2008
—
40 Jones LLC
—
Trustees Deed
related
$500,000 · Branch Banking & Trust Co
—
—
J David Holdings LLC
—
Deed Of Trust
related
$2,132,000 · Capital Bk
—
—
40 Jones LLC
—
Deed Of Trust
related
$1,480,000 · Branch Banking & Trust Co
—
—
J David Holdings LLC
—
Loan Modification
related
$4,440,000 · Capital Bk
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 4000 Jones Sausage Rd?
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.
