715 Dixie DrAsheboro, NC 27203

Property Details for 715 Dixie Dr

Year built

1965

Construction

WOOD

Lot size

1.20 AC

Property size (Sq ft)

3,656 SF

Zone code

B2

Property type

Turn key restaurants

APN

7760171208

APU

7760171208

Description

This exceptional property at 715 E Dixie Drive in Asheboro, NC presents a unique opportunity for a discerning restaurateur. Situated in the heart of Dixie Drive's bustling commercial corridor, this established restaurant site benefits from high visibility and significant foot traffic. The location is strategically positioned at the intersection of Dixie Drive and Shamrock Road, ensuring maximum exposure to potential customers. While most of the previous restaurant's equipment has been removed, the property retains over 20 booths and tables, providing a solid foundation for a new culinary venture. The building's size is not specified, but the existing seating capacity suggests a substantial space suitable for a variety of restaurant concepts. This turnkey opportunity allows a new operator to capitalize on an already established location with a proven track record, eliminating the need for extensive build-out and permitting processes. The property's location on a major thoroughfare offers unparalleled accessibility and visibility, making it an ideal choice for a restaurant seeking to establish a strong presence in the Asheboro market. The lot size is not specified. This is a rare chance to acquire a well-positioned restaurant space in a thriving commercial area. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $589,626

  6.5%

  $544,270

  7%

  $505,394

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,169,448

  Geo Method

  $2,114,780

• Alternative Use

  Use

  Valuation

  Residential

  $459,112

  Hospitality

  $420,544

  Educational

  $349,888

  Medical

  $361,921

  Retail

  $544,270

Location Insight

City

Asheboro

County

Randolph

State

North Carolina

Latitude

35.691

Longitude

-79.8042

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].