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    OFF-MARKET
    Drive through restaurants

    6891 Highland Blvd, Grifton, NC 28530-8615

    1,548 SF 0.37 ac lot Built 1964
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US53-1070982
    Property summary
    AI-generated overview

    This exceptional 1,550-square-foot freestanding restaurant building presents a unique owner-user investment opportunity in Grifton, North Carolina. Located at 6891 S Highland Blvd, this Class C property boasts a fully equipped kitchen, spacious dining area, and ample parking for 20 vehicles. Built in 1964, the single-story structure sits on a lot zoned for Central Business District (CBD) use, offering significant potential for a variety of quick-service restaurant (QSR) concepts. The asking price is $175,000, translating to $112.90 per square foot. Currently vacant, this property is ready for immediate occupancy, eliminating the need for extensive renovations or lease negotiations. The building's single-unit configuration simplifies management and ownership. This is an ideal opportunity for an established restaurant seeking expansion or a new venture looking for a turnkey location in a thriving community. The property's prime location and ample parking ensure high visibility and convenient access for customers. Serious inquiries are encouraged to explore this promising investment.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1964
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,548 SF
    Lot 0.37 ac (16,117 SF)
    Zoning code CBD
    APN 18619
    UPID US53-1070982
    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
    • Los Caminitos Mexican Restaurant Grifton 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
    Maria Syrpis · 3 yrs held
    Maria Syrpis
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    CBD · Grifton, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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