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    2 Dixie Trl Raleigh, NC 27607

    Sponsored
    For Sale
    $850,000

    High-traffic retail space near NC State.

    Property size:
    1,961 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1,961 square foot commercial property is located at 2 Dixie Trail, Raleigh, NC, on a 0.1-acre lot. Its prime location at the intersection of Hillsborough Street and Dixie Trail offers unparalleled visibility and accessibility in a thriving area. The building boasts ample on-site parking, a significant advantage in this high-demand location. Its proximity to NC State University ensures a consistent flow of pedestrian and vehicular traffic, creating a strong foundation for a variety of commercial uses. The surrounding area is bustling with popular restaurants, shops, and other successful businesses, providing a vibrant and supportive commercial environment. This property is ideal for retail, office, or mixed-use ventures seeking a high-traffic location with excellent visibility and ample parking. The asking price is $850,000. This presents a unique investment opportunity in a rapidly growing area of Raleigh, offering significant potential for return on investment. The property's size, layout, and location combine to create an exceptional foundation for any business looking to establish or expand in this desirable area. This is a rare chance to acquire a well-situated commercial property with significant growth potential.

    Property Features for 2 Dixie Trl

    General Information

    Property type
    Retail properties
    Square Feet
    1,961 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    King tobacco Vape ... Tobacco Shop Bitcoin Depot Bitcoin ... Atm

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.67555
    Latitude
    35.78981

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space near NC State.
    Where is this retail property located?
    The property is located at 2 Dixie Trl Raleigh, NC.
    What is the asking price?
    The asking price for this property is $850,000.
    (919) 769-1956
    Request Owner's contact information
    2 Dixie Trl Raleigh, NC 27607
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    Raleigh, NC 27607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Dixie Trl Raleigh, NC 27607
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