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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Drive through restaurants
4001 Jones Sausage Rd, Garner, NC 27529-9437
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1488176
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2022
Construction
FRAME
Total area
3,050 SF
Lot
1.96 ac (85,378 SF)
Zoning code
IX-3
APN
1721.06-49-8393 0304655
UPID
US53-1488176
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
-
Cookout Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$545k
Owner & transaction history
Cook Out-jones Sausage Rd · 5 yrs held
Cook Out-jones Sausage Rd
since 2020
6 recorded transactions
Zoning & alternative use
IX-3 · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$179 / 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
$22,101
Tax year 2023
Assessed value
$2,027,650
Assessed 2023
Previous assessed
$2,027,650
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,021,975
Assessed improvement
$1,005,675
Land market value
$1,021,975
Improvement market value
$1,005,675
Total market value
$2,027,650
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
2022
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,050 SF
Lot
1.96 ac (85,378 SF)
Zoning code
IX-3
APN
1721.06-49-8393 0304655
UPID
US53-1488176
Jurisdiction
WAKE
Zoning & alternative use
IX-3 · Garner, NC
Zoning IX-3 · permitted uses
IX-3 · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.96 ac
Current owner
From public records · entity-resolved
Cook Out-jones Sausage Rd
Individual
Free & Clear · 5 yrs held
Mailing address
15 LAURA LN STE #300, THOMASVILLE, NC 27360-5865
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2020
$925,000
Cook Out-jones Sausage Rd
Jones Sausage Gas LLC
Correction Deed
related
—
Jul 20, 2020
$925,000
Cook Out-jones Sausage Rd
Jones Sausage Gas LLC
Grant Deed
—
Aug 1, 2019
$1,500,000
Jones Sausage Gas LLC
Fas Holdings LLC
Grant Deed
$3,621,500 · Cogent Bk
Aug 1, 2019
—
Jones Sausage Gas LLC
Jts Real Estate Holdings LLC
Grant Deed
related
—
Dec 13, 2016
—
Jts Real Estate Holdings LLC
Stone & Stone Associates LLC
Grant Deed
related
—
Mar 31, 2008
—
Stone & Stone Associates LLC
Stone & Stone Associates
Quit Claim Deed
related
$544,197 · Bank Of America
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.
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