Financial
Distress signals
Property profile

1129 Corporation Pkwy Ste 161 Raleigh, NC 27610

OFF-MARKET
Other warehouses
Property ID
US53-0168925
1,400 SF Built 1998
Last sale Jan 2008 · $108,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Suites 151/161 comprise a flex space totaling approximately 2,800 square feet, with an approximate split of one-third office area and two-thirds warehouse area. The office portion features an open layout, a kitchenette, a private bathroom, and a separate room that can function as an additional office or storage area. The warehouse and office areas are fully heated and cooled, and the building was constructed in 1998. The property is located at 1129 Corporation Parkway in Raleigh and is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$269k
Assessed improvement$269k
Effective rate0.87%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$214/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$145 – $308

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IX-3
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.1
Realty agency13.0
HVAC Service12.1

Location

1129 Corporation Pkwy Ste, Unit 161 Raleigh, NC 27610-1395
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3809 Frazier Dr, Raleigh, NC 27610-1358 $600,000 Nov 2024 1,595 SF
2310 Garner, Raleigh, NC 27610-4612 $10,250,000 Apr 2024 4,928 SF
1609 New Bern, Raleigh, NC 27610-2537 $1,286,200 Jul 2023 1,500 SF
1021 Corporation, Raleigh, NC 27610-0128 $1,100,000 Dec 2021 6,604 SF
5411 Old Poole, Raleigh, NC 27610-3153 $1,250,000 Oct 2021 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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