1567 Hwy 56Creedmoor, NC 27522

Off market
$1,837,308 Estimated
  • Drive through restaurants
  • 3,823 SF

Property Details for 1567 Hwy 56

Year built
1994
Lot size
1.43 AC
Property size (Sq ft)
3,823 SF
Zone code
HB
Property type
Drive through restaurants
APN
88703214460
APU
88703214460

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $893,646
    6.5%
    $824,904
    7%
    $765,982
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,211,379
    Geo Method
    $2,211,379
  • Alternative Use

    Use
    Valuation
    Residential
    $695,837
    Hospitality
    $637,383
    Educational
    $530,295
    Medical
    $548,533
    Retail
    $824,904
1567 Hwy 56, Creedmoor, North Carolina

Location Insight

City
Creedmoor
County
Granville
State
North Carolina
Latitude
36.144
Longitude
-78.7206
CBSA code
20500
CBSA name
DURHAM-CHAPEL HILL, 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
2020
$12,845
$579,322
$1,257,986
$1,837,308
-
$579,322
$1,257,986
$1,837,308

FAQs

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