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Property profile & analytics
OFF-MARKET Estimated value $535,000
Turn key restaurants

404 Roland Ave Surf City, NC 28445-6685

9,891 SF 0.67 ac lot Built 1963
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US53-2987140
Property summary
AI-generated overview

This exceptional 9,847 square foot commercial land parcel is strategically located in Surf City, North Carolina, at 404 Roland Avenue, zip code 28445. Priced at $3,950,000, this property boasts high visibility from the road, making it ideal for businesses seeking to attract both local residents and the significant tourist traffic that Surf City enjoys year-round. Its prime location within this vibrant coastal community offers unparalleled access to a variety of local amenities, ensuring convenience for customers and employees alike. The property's versatility makes it suitable for a range of commercial uses, including retail establishments and restaurants. This presents a unique opportunity to capitalize on the area's thriving tourism industry and establish a strong presence in one of North Carolina's most desirable coastal destinations. The property is situated in Pender County and offers ample space for development, catering to businesses seeking a prominent location with high traffic volume. This is a rare chance to acquire a significant commercial land holding in a rapidly growing coastal market. The property's location ensures easy access for both locals and tourists, maximizing potential for business success. Don't miss this chance to secure a piece of Surf City's thriving commercial landscape.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1963
Total area 9,891 SF
Lot 0.67 ac (29,185 SF)
Zoning code C1
APN 4234-89-4870-0000
UPID US53-2987140
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
  • Xanadu Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k
Owner & transaction history
Csy Kenosis LLC · 9 yrs held
Csy Kenosis LLC
since 2017
7 recorded transactions
2023
Price N/A
2017
Price N/A
2017
$455,321
2017
Price N/A
2017
Price N/A
2017
Price N/A
2015
Price N/A
Zoning & alternative use
C1 · Surf City, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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