954 Blowing Rock Blvd Lenoir, NC 28645
Property profile & analytics
954 Blowing Rock Blvd, Lenoir, NC 28645
- Turn key restaurants
- 7,286 SF
- 2.32 lot acres
Property ID
US53-1067099
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.
Location Intelligence
Current Use by Public Records
- Dodge City Steakhouse Lenoir / Restaurant
- Dodge City Steakhouse Lenior / Restaurant
Property Details for 954 Blowing Rock Blvd
- Year built
- 1997
- Construction
- WOOD
- Lot size
- 2.32 lot acres
- Property type
- Turn key restaurants
- APN
- 09116 1 4
- APU
- 911614
Description
Exceptional investment opportunity: acquire the established Dodge City Steak House in Lenoir, North Carolina. This thriving restaurant, located on US Highway 321, benefits from a prime location surrounded by successful businesses, ensuring consistent customer traffic. The 6,598 square foot building features a well-appointed dining area, a fully equipped kitchen designed for efficiency, a welcoming bar, and ample parking. The current lease is a Net Lease (NNN) with a remaining term of approximately 1.6 years, followed by two five-year options. The lease commenced July 1, 2021, and expires June 30, 2026. Annual rent bumps are set at 3%. The property sits on 1.22 acres of land. The asking price is $1,571,703, representing a 6.75% cap rate with a current Net Operating Income (NOI) of $106,089. This is a single-tenant property with no credit rating available for the tenant. This presents a rare chance to own a cornerstone of culinary excellence in a vibrant community. The restaurant's strong reputation and loyal customer base make this a compelling investment prospect with significant potential for future growth. The property is situated in Caldwell County, North Carolina, with the address being 954 Blowing Rock Blvd, Lenoir, NC 28645.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,045,000
- ML approach
- $1,035,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,040,000
- OFFICE BUILDING
- $755,000
- COMMERCIAL (GENERAL)
- $630,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lenoir
- County
- Caldwell
- State
- North Carolina
- Longitude
- -81.5262
- Latitude
- 35.9282
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN 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
0
$0.00
$617,800
$628,800
$1,246,600
-
$617,800
$628,800
$1,246,600
