10958 Chapel HlMorrisville, NC 27560

  • Turn key restaurants
  • 6,957 SF
Off market
$2,248,419 Estimated

Property Details for 10958 Chapel Hl

Year built
2012
Construction
BRICK
Lot size
1.30 AC
Property size (Sq ft)
6,957 SF
Zone code
RAC
Property type
Turn key restaurants
APN
0746.02-66-8604 0367926
APU
746026686040367926

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,807,560
    6.5%
    $1,668,520
    7%
    $1,549,340
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,681,390
    Geo Method
    $1,660,790
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,362,700
    Mixed-Use / Specialty
    $1,618,550
    Hospitality / Lodging
    $1,130,160
    Office
    $1,563,080
    Institutional / Educational
    $1,666,900
    Residential Income
    $1,950,280
    Multifamily
    $2,583,100
    Automotive / Energy
    $1,428,770
    Parking / Income-Based Land
    $536,544
    Restaurant / Food Service
    $747,869
    Healthcare / Senior Housing
    $1,704,930

Location Insight

City
Morrisville
County
Wake
State
North Carolina
Latitude
35.8563
Longitude
-78.8421
CBSA code
39580
CBSA name
RALEIGH-CARY, 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
2023
$23,541
$657,451
$1,590,968
$2,248,419
-
$657,451
$1,590,968
$2,248,419

FAQs

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