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    5300 Grovewood Pl Raleigh, NC 27606

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    For Lease
    $1,500 /Mo

    Three-bedroom home near NCSU with fenced backyard.

    Lot size:
    0.17 Acres

    Property Features for 5300 Grovewood Pl

    General Information

    Lot size
    0.17 Acres
    Exterior features
    exterior_features, : ["Patio"]
    Interior features
    Interior Feature 1, : "Central", "Interior Feature 2": "Dishwasher", "Interior Feature 3": "Disposal", "Interior Feature 4": "Electric Oven", "Interior Feature 5": "Electric Range", "Interior Feature 6": "Refrigerator"

    Building Details

    Year built
    1982

    Source: Triangle Investment Realty Agent Triangle Investment Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Raleigh Home Near NCSU

    This property is a three-bedroom home with two full baths. The home features LVP and laminate flooring, as well as a fenced backyard. A fireplace is located in the family room, and there is a breakfast area in the kitchen. The property is near NCSU and Meredith College. Powell Dr Park, with basketball courts, tennis courts, walking trails, and a baseball field, is located across the street. The property is located in a central Raleigh location.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -78.7140556
    Latitude
    35.7803201

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    FAQs

    What type of property is this?
    Duplex - Three-bedroom home near NCSU with fenced backyard.
    Where is this duplex located?
    The property is located at 5300 Grovewood Pl Raleigh, NC.
    What are key features of this property?
    This property features: - Prime location near NCSU and Meredith College.; - Direct access to Powell Dr Park with various recreational facilities (basketball, tennis, trails, baseball).; - Features 3 bedrooms and 2 full baths.
    Request Owner's contact information
    5300 Grovewood Pl Raleigh, NC 27606
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    Raleigh, NC 27606
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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
    5300 Grovewood Pl Raleigh, NC 27606
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