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Property profile & analytics
OFF-MARKET
Turn key restaurants
800 Mtn St, Cherryville, NC 28021-3713
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0068735
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1955
Total area
4,123 SF
Lot
1.53 ac (66,647 SF)
Zoning code
REST2
APN
131058
UPID
US53-0068735
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
800 Mountain Nc Wco LLC · 4 yrs held
800 Mountain Nc Wco LLC
since 2021
Last sale
$355,000
5 recorded transactions
Zoning & alternative use
REST2 · Cherryville, 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 Cherryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cherryville 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
$2,316
Tax year 2024
Assessed value
$214,660
Assessed 2024
Previous assessed
$214,660
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$50,960
Assessed improvement
$163,700
Applied tax rate
140.0000
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
1955
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Total area
4,123 SF
Lot
1.53 ac (66,647 SF)
Zoning code
REST2
APN
131058
UPID
US53-0068735
Jurisdiction
GASTON
Zoning & alternative use
REST2 · Cherryville, NC
Zoning REST2 · permitted uses
REST2 · Cherryville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cherryville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
800 Mountain Nc Wco LLC
Entity
Free & Clear · 4 yrs held
Mailing address
611 MACON ST, BROOKLYN, NY 11233-1515
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2021
$355,000
800 Mountain Nc Wco LLC
S Three Cherryville LLC
Special Warranty Deed
—
Apr 1, 2013
—
S Three Cherryville LLC
Atlas Nc I Spe LLC
Grant Deed
—
Sep 18, 2012
$13,500
S Three Cherryville LLC
Atlas Nc I Spe LLC
Grant Deed
—
Sep 1, 2011
$100,800
Atlas Nc I Spe LLC
David A Simpson PC
Trustees Deed
related
—
—
—
Hannah Rebecca Pruitt
—
Deed Of Trust
related
$56,905 · Usaa Fsb
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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