Property profile

5001 Departure Dr Raleigh, NC 27616

OFF-MARKET
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Property ID
US53-5383241
5,000 SF 0.93 ac Built 2003
Last sale Nov 2025·$3,326,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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?
$7k
Tax billed · 2023
Assessed value$675k
Assessed land$164k
Assessed improvement$511k
Effective rate1.09%

Value estimate

· Nov 2026
$990k
$891k – $1.09M
AI approach$1.01M
Submarket $/SF estimate$975k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$295/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$155 – $441
Qualifying comparables5

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 Facility15.1
Hotel & Motel11.4
Law Firm10.7

Location

5001 Departure Dr Raleigh, NC 27616-1844
County assessor Recorded deeds · 8 transfers 5 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3714 Overlook, Raleigh, NC 27616-3039 $900,000 Oct 2024 5,000 SF
4813 Hargrove, Raleigh, NC 27616-1884 $1,584,000 May 2024 5,220 SF
5505 Thornton, Raleigh, NC 27616-5727 $285,000 Dec 2022 3,000 SF
5412 Oak Frst, Raleigh, NC 27616-4616 $3,447,500 Apr 2022 6,250 SF
4620 Paragon Park, Raleigh, NC 27616 $1,303,200 Jun 2021 5,600 SF
6051 Capital, Raleigh, NC 27616-2941 $640,000 Feb 2021 6,080 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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