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Property profile & analytics
OFF-MARKET
Turn key restaurants
535 Ww St Pittsboro, NC 27312-8827
Individually Owned
Absentee Owner
Free & Clear
Property ID
US53-0279674
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1974
Construction
WOOD
Total area
1,947 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C-2
APN
8020
UPID
US53-0279674
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Al's Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shannon D Plummer
Shannon D Plummer
1 recorded transaction
Zoning & alternative use
C-2 · Pittsboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Highway Commercial (C2) District is to provide lands to accommodate retail, office, and service areas that serve the Town and region. Development allowed includes a mix of retail, office, eating, entertainment, medical, and vehicle sale, and services uses that serve community wide needs.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
242.05 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pittsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,887
Tax year 2023
Assessed value
$414,692
Assessed 2023
Previous assessed
$414,692
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$233,295
Assessed improvement
$181,397
Land market value
$233,295
Improvement market value
$181,397
Total market value
$414,692
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
1,947 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C-2
APN
8020
UPID
US53-0279674
Jurisdiction
CHATHAM
Zoning & alternative use
C-2 · Pittsboro, NCZoning C-2 · permitted uses
C-2 · Pittsboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Highway Commercial (C2) District is to provide lands to accommodate retail, office, and service areas that serve the Town and region. Development allowed includes a mix of retail, office, eating, entertainment, medical, and vehicle sale, and services uses that serve community wide needs.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
242.05 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
Shannon D Plummer
Individual
Free & Clear · 0 yrs held
Mailing address
1330 LOG BARN RD, PITTSBORO, NC 27312-9454
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Shannon D Plummer
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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