Property profile

9807 South Blvd Charlotte, NC 28273

FOR SALE
Turn key restaurants
Property ID
US53-5640994
6,159 SF 1.09 ac lot Built 1995
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Total area 6,159 SF
Lot 1.09 ac (47,524 SF)
Zoning code TOD-CC
APN 20707111
UPID US53-5640994

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

9807 South Blvd Charlotte, NC 28273
Charlotte metro Census 5827 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$769k
Blend (final) Blend
$585k

Owner & transaction history

since 2016
7 recorded transactions
2016
$3.3M
2015
$2,625
2006
$2.5M
2005
$47,000
2005
$1.4M
1997
$750,000
1969
Price N/A

Zoning & alternative use

TOD-CC · Charlotte, NC
Zoning description

The Transit Community Center Zoning District is appropriate for parcels near moderate-intensity rapid transit stations and streetcar stops

General category UNKNOWN

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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