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Property profile & analytics
OFF-MARKET
Turn key restaurants
6347 Grassy Crk Rd Denver, NC 28037-6754
Individually Owned
12-yr Hold
Free & Clear
Property ID
US53-2136134
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Construction
CONCRETE BLOCKS
Total area
3,864 SF
Lot
3.37 ac (146,797 SF)
Zoning code
RC
APN
3696-06-39-8341
UPID
US53-2136134
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Evelyn D Stutts · 12 yrs held
Evelyn D Stutts
since 2014
2 recorded transactions
Zoning & alternative use
RC · Denver, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver 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
$1,922
Tax year 2023
Assessed value
$300,500
Assessed 2023
Previous assessed
$398,300
-24.6% YoY
Effective rate
0.64%
On assessed value
Assessed land
$184,000
Assessed improvement
$116,500
Land market value
$184,000
Improvement market value
$116,500
Total market value
$300,500
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
1968
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Units
1
Total area
3,864 SF
Lot
3.37 ac (146,797 SF)
Zoning code
RC
APN
3696-06-39-8341
UPID
US53-2136134
Jurisdiction
CATAWBA
Zoning & alternative use
RC · Denver, NC
Zoning RC · permitted uses
RC · Denver, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
Yes
Buildings
2
Units
1
Lot
3.37 ac
Current owner
From public records · entity-resolved
Evelyn D Stutts
Individual
Free & Clear · 12 yrs held
Mailing address
6022 HWY 150TH E, DENVER, NC 28037-6775
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2014
—
Evelyn D Stutts
Stutts,evelyn D
Quit Claim Deed
related
—
Mar 4, 2004
—
Evelyn D Stutts
Drum,giles G & Irene L
Grant Deed
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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