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Property profile & analytics
OFF-MARKET Estimated value $1,380,000
Drive through restaurants

890 401st Byp Hwy Laurinburg, NC 28352-5096

2,439 SF 0.53 ac lot Built 2021
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-0173249
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2021
Construction STEEL FRAME
Total area 2,439 SF
Lot 0.53 ac (23,130 SF)
Zoning code GB
APN 010016 0100102
UPID US53-0173249
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
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.38M
Owner & transaction history
Jhlc Properties LLC · 4 yrs held
Jhlc Properties LLC
since 2021
Last sale
$1.5M
1 recorded transaction
2021
$1.5M
Zoning & alternative use
GB · Laurinburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

6.3.8 GB General Business District. The GB district is established as a district in whi ch to accommodate highway-oriented retail and commercial service businesses which generally have as their market area the entire city and surrounding area. The major objectives of this district are to (1) encourage planned commercial and office parks; (2) discourage small…

Zone name General Business District
General category COMMERCIAL
Zone area 1,260.70 ac
Source Amended UDO thru October 2022
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