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    Property profile & analytics

    511 Us Hwy 301 Lucama, NC 27851-9592

    • Turn key restaurants
    • 2,093 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Location Intelligence
    Property ID
    US53-4137785
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 511 Us Hwy 301

    Year built
    1972
    Lot size
    0.41 lot acres
    Property size
    2,093 SF
    Property type
    Turn key restaurants
    APN
    2699-63-4015.000
    APU
    2699634015000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lucama
    County
    Wilson
    State
    North Carolina
    Longitude
    -78.0022
    Latitude
    35.6502
    CBSA code
    48980
    CBSA name
    WILSON, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $1,182
    $33,324
    $88,185
    $121,509
    -
    $33,324
    $88,185
    $121,509

    Comparable in this City

    • Value Estimation
      $435,000
      4,280 SF

      503 Us Hwy 301

      RESTAURANT • 4,280 SF
      503 Us Hwy 301, Lucama, NC 27851
      View Details
    • Value Estimation by Request
      995 SF

      100 Us Hwy 301st NE

      RESTAURANT • 995 SF
      100 Us Hwy 301st NE, Lucama, NC 27851
      View Details
    • Value Estimation by Request
      2,497 SF

      302 Us Hwy 301

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,497 SF
      302 Us Hwy 301, Lucama, NC 27851
      View Details
    • Value Estimation
      $125,000
      4,109 SF

      507 Us Hwy 301

      CONVENIENCE STORE • 4,109 SF
      507 Us Hwy 301, Lucama, NC 27851
      View Details
    • Value Estimation by Request
      1,600 SF

      7275 Us Hwy 301

      SERVICE STATION (FULL SERVICE) • 1,600 SF
      7275 Us Hwy 301, Lucama, NC 27851-9443
      View Details
    • Value Estimation by Request
      4,025 SF

      106 Main St

      FINANCIAL BUILDING • 4,025 SF
      106 Main St, Lucama, NC 27851
      View Details

    Similar Nearby for Sale

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      2.5 acre commercial land for sale in Lucama, NC.
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    • $229,000
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      Prime Lucama Commercial Property

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      8110 Wiggins Mill Rd, Lucama, NC 27851
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    • $125,000
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      Lucama, NC Wooded Land Parcels

      Two parcels totaling nearly 46 acres of wooded land.
      Great Swamp Loop, Lucama, NC 27851
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    • $849,900
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      Lucama Prime Development Land

      62+/- acres near Highway 301, suitable for development.
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    511 Us Hwy 301
    Lucama, NC 27851-9592
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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