1457 Benvenue RdRocky Mount, NC 27804

Property Details for 1457 Benvenue Rd

Year built

2004

Construction

FRAME

Lot size

0.47 AC

Property size (Sq ft)

4,406 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

385113-23-4467

APU

385113234467

Description

This exceptional 4,996-square-foot freestanding restaurant space in Rocky Mount, North Carolina, presents a remarkable opportunity. Located on a high-traffic commercial street, this single-tenant property boasts a convenient location near major retailers such as Planet Fitness, Walmart, Burlington Coat Factory, and Office Depot, ensuring high visibility and foot traffic. Built in 2004 and renovated in 2020, the building offers a modern and well-maintained space ready for immediate occupancy. The property features a substantial hood system, indoor freezers, and a grease trap, all essential components for a successful restaurant operation. With multiple points of entry and ample parking facilitated by a cross easement, this property offers unparalleled convenience for both staff and patrons. The 0.47-acre lot provides significant space, and the B2CD zoning allows for a variety of restaurant concepts. This is a second-generation restaurant space, offering a turnkey solution for restaurateurs seeking a prime location in a thriving commercial area. The property's single-story design and lack of elevators are noted. The APN is 035734. Don't miss this chance to establish your restaurant in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,569,942

  6.5%

  $1,449,178

  7%

  $1,345,665

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,939,235

  Geo Method

  $2,548,610

• Alternative Use

  Use

  Valuation

  Residential

  $1,222,436

  Hospitality

  $1,119,744

  Educational

  $931,614

  Medical

  $963,654

  Retail

  $1,449,178

Location Insight

City

Rocky Mount

County

Nash

State

North Carolina

Latitude

35.9795

Longitude

-77.8083

CBSA code

40580

CBSA name

ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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