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Property profile & analytics
OFF-MARKET
Turn key restaurants
7400 Nc Hwy 50th S, Benson, NC 27504-8607
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1377364
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Total area
4,258 SF
Lot
2.22 ac (96,703 SF)
Zoning code
COM
APN
09H14065O
UPID
US53-1377364
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
Meadowlee Marketplace LLC · 17 yrs held
Meadowlee Marketplace LLC
since 2009
4 recorded transactions
Zoning & alternative use
COM · Benson, 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 Benson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benson 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,124
Tax year 2024
Assessed value
$385,660
Assessed 2024
Previous assessed
$385,660
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$194,100
Assessed improvement
$191,560
Land market value
$194,100
Improvement market value
$191,560
Total market value
$385,660
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1978
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
8
Total area
4,258 SF
Lot
2.22 ac (96,703 SF)
Zoning code
COM
APN
09H14065O
UPID
US53-1377364
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Benson, NC
Zoning COM · permitted uses
COM · Benson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
8
Lot
2.22 ac
Current owner
From public records · entity-resolved
Meadowlee Marketplace LLC
Entity
Free & Clear · 17 yrs held
Mailing address
152 LEGACY LN, BENSON, NC 27504-6348
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2009
—
Meadowlee Marketplace LLC
Lee Luther M Trust
Quit Claim Deed
—
Jul 5, 2005
—
Meadowlee Marketplace LLC
Meadowlee LLC
Quit Claim Deed
related
—
Sep 28, 2004
$64,500
Meadowlee LLC
Tart,kim M & Melissa H
Warranty Deed
$65,000 · Four Oaks Bank & Trust Co
Aug 31, 2004
—
Meadowlee LLC
Lee Luther M Trust
Quit Claim Deed
related
$125,000 · Four Oaks Bank & Trust Co
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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