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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Retail space

5840 Samet Dr High Point, NC 27265-3614

7,629 SF 1 ac lot Built 2005
Entity Owned 10-yr Hold Free & Clear
Property ID
US53-5813951
Property summary
AI-generated overview

This exceptional 7,629-square-foot restaurant space is ideally situated in High Point, North Carolina's desirable Deep River/Palladium area. Currently configured as a single-tenant retail space suitable for a full-service restaurant or bar, this property presents a fantastic opportunity for established or emerging businesses. The space is a second-generation restaurant, meaning much of the necessary infrastructure is already in place. This includes fully functional hoods and walk-in coolers, significantly reducing initial setup costs and time. The property is located at 5840 Samet Drive, High Point, NC 27265, within the Triad submarket of Guilford County. The existing furniture and fixtures are available for purchase, offering a seamless transition for new tenants. This turnkey solution allows for immediate occupancy and a rapid start to operations. The property's prime location within a thriving commercial area ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a well-equipped, strategically located restaurant space in a highly sought-after area. Contact us today to schedule a viewing.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction FRAME
Total area 7,629 SF
Lot 1 ac (43,560 SF)
Zoning code PDM
APN 212278
UPID US53-5813951
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.44M
Comparable Approach Comparable
$844k
Blend (final) Blend
$1.10M
Owner & transaction history
Samet Sft LLC · 10 yrs held
Samet Sft LLC
since 2015
6 recorded transactions
2015
Price N/A
2015
$1.9M
2013
$1.4M
2005
$750,000
2005
$710,000
1969
Price N/A
Zoning & alternative use
PDM · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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