Property profile

507 Bickett Blvd Louisburg, NC 27549

OFF-MARKET
Commercial kitchens
Property ID
US53-1260528
1,482 SF 1.14 ac lot Built 2024
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,482 square foot, second-generation restaurant building presents a turnkey opportunity for immediate occupancy. Located at 507 S Bickett Blvd in Louisburg, North Carolina, this 2024-constructed property sits on a 1.14-acre lot and boasts a convenient drive-thru. The building is a single-story structure with ample parking, including 10 designated spaces with one handicap-accessible space. Access to the property is easily managed with left and right ingress and right egress. The high-traffic location on S Bickett Blvd, which sees 19,000 vehicles daily (AADT), ensures excellent visibility and accessibility for customers. This prime location benefits from proximity to several established businesses, including Walmart Supercenter, Tractor Supply, Bojangles, Cook-Out, Zaxby's, McDonald's, and Domino's Pizza, creating a strong commercial synergy and high foot traffic. The property is currently available. Pricing details are available upon request. This is a rare opportunity to acquire a well-situated, modern restaurant space in a thriving commercial area. The property is ready for immediate use, minimizing setup time and maximizing return on investment.

Property profile

Verified
Property type Commercial kitchens
Use group TAKE-OUT RESTAURANT
Year built 2024
Total area 1,482 SF
Lot 1.14 ac (49,441 SF)
Zoning code B 2
APN 17437
UPID US53-1260528

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
  • Bakery Specialty Food Shop

Location

507 Bickett Blvd Louisburg, NC 27549-2803
Louisburg metro Census 60302 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$995k

Owner & transaction history

since 2025
Last sale
$1.1M
4 recorded transactions
2025
$1.1M
2022
$240,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B 2 · Louisburg, NC
Top alternative use upside
Commercial (general) $725,000 +514.1%

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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