Property profile

5014 2nd Ave Raleigh, NC 27609

OFF-MARKET
Investment properties
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Property ID
US53-0422891
2,362 SF 0.56 ac Built 1935
Last sale Sep 2017·$226,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$277k
Assessed land$121k
Assessed improvement$156k
Effective rate1.09%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$324/SF
Submarket average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$212 – $484
Qualifying comparables6

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility15.9
Convenience Store12.7
Hotel & Motel11.2

Location

5014 2nd Ave Raleigh, NC 27609
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales 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

3 recorded sales · 17 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1613 Ronald, Raleigh, NC 27609-6224 $760,000 May 2025 2,026 SF
1401 Ollie, Raleigh, NC 27609-6245 $340,000 Dec 2021 1,680 SF
1705 Pacific, Raleigh, NC 27609-8106 $496,500 Aug 2021 2,259 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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