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    Property profile & analytics

    8311 Nc Hwy 561 Halifax, NC 27839-9521

    • Turn key restaurants
    • 1,400 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-5128868
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 8311 Nc Hwy 561

    Year built
    1989
    Lot size
    1.01 lot acres
    Property size
    1,400 SF
    Property type
    Turn key restaurants
    APN
    601468
    APU
    601468

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Halifax
    County
    Halifax
    State
    North Carolina
    Longitude
    -77.4891
    Latitude
    36.2728
    CBSA code
    40260
    CBSA name
    ROANOKE RAPIDS, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $583
    $12,120
    $32,600
    $44,720
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,945 SF

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      RETAIL STORES (PERSONAL SERVICES) • 1,945 SF
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    • Value Estimation by Request
      3,200 SF

      11420 Nc Hwy 903

      AUTO REPAIR, GARAGE • 3,200 SF
      11420 Nc Hwy 903, Halifax, NC 27839-9058
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    • Value Estimation by Request
      1,440 SF

      50 Nc Hwy 481

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      50 Nc Hwy 481, Halifax, NC 27839-8934
      View Details
    • Value Estimation
      $255,000
      4,200 SF

      8420 Us Hwy 301

      GROCERY, SUPERMARKET • 4,200 SF
      8420 Us Hwy 301, Halifax, NC 27839-8700
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    • Value Estimation by Request
      864 SF

      Hwy 481

      RETAIL STORES (PERSONAL SERVICES) • 864 SF
      Hwy 481, Halifax, NC 27839
      View Details
    • Value Estimation by Request
      7,636 SF

      300 Pittsylvania St

      WHOLESALE OUTLET, DISCOUNT STORE • 7,636 SF
      300 Pittsylvania St, Halifax, NC 27839
      View Details

    Similar Nearby for Sale

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    • $85,000
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      Halifax Mixed-Use Property - $85K

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    • $36,500
      1.00 Acre

      Halifax, NC - Residential/Agricultural Land

      One-acre lot zoned Residential/Agricultural, offering flexibility for residential or commercial use.
      17968 Nc-125, Halifax, NC 27839
      View Details
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    8311 Nc Hwy 561
    Halifax, NC 27839-9521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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