Property profile

501 Albemarle Rd Troy, NC 27371

OFF-MARKET
Turn key restaurants
Property ID
US53-4633829
3,240 SF 0.58 ac lot Built 1972
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Total area 3,240 SF
Lot 0.58 ac (25,265 SF)
Zoning code RESTAURANT/LOUNGE
APN 7538 09 15 2009
UPID US53-4633829

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

Location

501 Albemarle Rd Troy, NC 27371-3103
Troy metro Census 960202
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2018
1 recorded transaction
2018
$240,000

Zoning & alternative use

RESTAURANT/LOUNGE · Troy, NC

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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