Property profile

971 Us 70th E Hwy New Bern, NC 28560

OFF-MARKET
Drive through restaurants
Property ID
US53-3705389
2,736 SF 0.79 ac lot Built 2006
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2006
Total area 2,736 SF
Lot 0.79 ac (34,238 SF)
APN 7-009 -145
UPID US53-3705389

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

971 Us 70th E Hwy New Bern, NC 28560-6535
New Bern metro Census 961004 NEW BERN, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$595k
Blend (final) Blend
$550k

Owner & transaction history

since 2006
3 recorded transactions
2006
$495,000
2006
Price N/A
2005
$356,500

Zoning & alternative use

Top alternative use upside
Warehouse, storage $950,000 +4.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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