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    597 Polk St Pineville, NC 28134-8563
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    Property profile & analytics

    597 Polk St Pineville, NC 28134-8563


    • Drive through restaurants
    • 2,634 SF
    • 0.48 lot acres
    Off-Market
    Last Sale Apr 6, 2020
    $1,850,000
    Property ID
    US53-5743730
    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.

    Value Estimations
    $1,975,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arby's / Restaurant / Take-out & Catering

    Property Details for 597 Polk St

    Year built
    1988
    Lot size
    0.48 lot acres
    Property size
    2,634 SF
    Zone code
    B-4
    Property type
    Drive through restaurants
    APN
    20508104
    APU
    20508104

    Description

    This exceptional single-tenant retail property, located at 597 N Polk St in Pineville, NC, presents a unique investment opportunity. The building, constructed in 1986, boasts a total of 2,672 square feet, all of which is currently vacant, offering immediate occupancy for a new tenant. Situated on a sizable 0.48-acre lot, the property provides ample space for potential expansion or outdoor amenities. The B-3 zoning allows for a wide range of commercial uses, providing flexibility for prospective buyers. The property's address is 597 N Polk St, Pineville, NC 28134, within Mecklenburg County. Its convenient location offers excellent visibility and accessibility, making it an ideal site for a variety of businesses. The entire building is available for lease, presenting a blank canvas for a new tenant to customize and establish their presence. This property is an excellent opportunity for investors seeking a strong foothold in the thriving Pineville market. The building's size and location make it suitable for a variety of retail concepts. The property's vacant status allows for immediate occupancy and customization to suit a new tenant's specific needs. The substantial lot size offers potential for future development or expansion. This is a rare opportunity to acquire a well-located, sizable retail property in a desirable area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,120,000
      ML approach
      $2,255,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,788,000
      Market price range: $881k - $2.27M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,560,000
      Current use
      COMMERCIAL (GENERAL)
      $1,705,000
      Change: +9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pineville
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8858
    Latitude
    35.0913
    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
    $11,251
    $799,800
    $684,300
    $1,484,100
    -
    $799,800
    $684,300
    $1,484,100
    More about this property
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