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    FOR SALE
    Turn key restaurants

    715 Ridge Rd, Roxboro, NC 27573

    5,649 SF 0.96 ac lot Built 1979
    Individually Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-3112497
    Property summary
    AI-generated overview

    This exceptional commercial property at 715 Ridge Road, Roxboro, NC, presents a fantastic investment opportunity. Situated on a one-acre lot, this versatile space is zoned B2, opening doors to a wide array of commercial uses. The building itself boasts a substantial amount of interior space, although the exact square footage is not currently available. The property includes a fully equipped kitchen, a dedicated prep area, a large walk-in freezer, and a large walk-in cooler – ideal for food service businesses. A built-in bar, drive-thru window, multiple dining areas, and a buffet line are already in place, suggesting a previous restaurant or similar operation. The ample parking available on the property is a significant advantage, ensuring convenient access for customers and employees. The property's current configuration and existing features offer a strong foundation for a variety of businesses, making it an attractive prospect for entrepreneurs and investors alike. The asking price is $425,000. This is a rare opportunity to acquire a well-equipped commercial property in a desirable location with significant potential for growth and profitability. Don't miss out on this chance to bring your vision to life.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1979
    Construction FRAME
    Total area 5,649 SF
    Lot 0.96 ac (42,000 SF)
    APN 132 4
    UPID US53-3112497
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jimmy C Lewis · 15 yrs held
    Jimmy C Lewis
    since 2011
    2 recorded transactions
    2011
    $354,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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