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    Property profile & analytics

    5245 Richfield Rd Richfield, NC 28137-8708

    • Turn key restaurants
    • 2,736 SF
    • 1.93 lot acres
    OFF-MARKET
    Value Estimation
    $50,000
    Last Sale
    Sep 27, 2024
    $65,000
    Location Intelligence
    Property ID
    US53-3309263
    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

    • The Getaway Place / Restaurant / Bar

    Property Details for 5245 Richfield Rd

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    1.93 lot acres
    Property size
    2,736 SF
    Zone code
    RA
    Property type
    Turn key restaurants
    APN
    546 021
    APU
    546021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richfield
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.2485
    Latitude
    35.512
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN 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
    2023
    $1,335
    $40,114
    $165,222
    $205,336
    -
    $40,114
    $165,222
    $205,336

    Comparable in this City

    • Value Estimation
      $350,000
      1,812 SF

      213 Hwy 49

      RESTAURANT • 1,812 SF
      213 Hwy 49, Richfield, NC 28137
      View Details
    • Value Estimation
      $275,000
      1,742 SF

      120 Hwy 49

      RESTAURANT • 1,742 SF
      120 Hwy 49, Richfield, NC 28137
      View Details
    • Value Estimation
      $1,500,000
      3,618 SF

      418 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,618 SF
      418 Church St, Richfield, NC 28137-5718
      View Details
    • Value Estimation
      $860,000
      2,544 SF

      301 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,544 SF
      301 Church St, Richfield, NC 28137-5717
      View Details
    • Value Estimation by Request
      3,612 SF

      422 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,612 SF
      422 Church St, Richfield, NC 28137-5718
      View Details
    • Value Estimation by Request
      3,985 SF

      298 Hwy 49

      AUTO REPAIR, GARAGE • 3,985 SF
      298 Hwy 49, Richfield, NC 28137
      View Details

    Similar Nearby for Sale

    • $149,900
      0.90 Acres

      Retail or Fast Food Site

      Retail or fast food location with road frontage in Richfield.
      W Church St, Richfield, NC 28137
      View Details
    • $395,000

      High-Visibility Richfield Retail Space

      Prime Retail Location, High Traffic Area
      417 Church St, Richfield, NC 28137
      View Details
    • $395,000

      Richfield Retail/Fast Food Location

      Retail/fast food location with road frontage in Richfield, NC.
      417 W Church St, Richfield, NC 28137
      View Details
    • $1,500,000
      Pending

      Corner Lot in Growing Area

      2.58 acre corner lot suitable for retail or apartments.
      310 W Church St, Richfield, NC 28137
      View Details
    • $149,900
      0.90 Acres

      Prime Richfield Retail Opportunity

      High-traffic retail lot, excellent visibility.
      Church St, Richfield, NC 28137
      View Details
    • $2,453,055

      Tuckertown River Road Land Opportunity

      Land with development potential near Tuckertown Reservoir in North Carolina.
      River Rd, Richfield, NC 28137
      View Details
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    Richfield, NC 28137-8708
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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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