Property profile

422 Church St Richfield, NC 28137

OFF-MARKET
Drive through restaurants
Property ID
US53-1528181
3,612 SF 0.99 ac lot Built 2007
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2007
Total area 3,612 SF
Lot 0.99 ac (43,124 SF)
Zoning code N-B
APN 662201292379
UPID US53-1528181

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

422 Church St Richfield, NC 28137-5718
Richfield metro Census 930101 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$586k
Blend (final) Blend
$535k

Owner & transaction history

since 2012
4 recorded transactions
2019
Price N/A
2012
$1.1M
2006
Price N/A
2006
$255,000

Zoning & alternative use

N-B · Richfield, NC
Zoning description

The NB district is intended to provide for the retailing of goods and services for convenience to nearby residential neighborhoods in such a way as to protect abutting areas from blighting influences.

General category COMMERCIAL
Top alternative use upside
Commercial (general) $450,000 +9.9%

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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