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Financial
Distress signals
Property profile

1205 Martin Luther King Jr Blvd Raleigh, NC 27610

OFF-MARKET
Medical Office Space
Property ID
US53-5078865
6,670 SF 1.28 ac lot Built 2023
Last sale Sep 2024 · $5,000,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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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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.

Debts

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?
$20k
Tax billed · 2024
Assessed value$2.26M
Assessed land$890k
Assessed improvement$1.37M
Effective rate0.87%

Value estimate

· Oct 2026
$5.00M
$4.50M – $5.50M
AI approach$5.00M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$315/SF
Submarket average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$222 – $400

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?
OX-3
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service rela...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.0
Electrical Service9.6
Garden Center9.5

Location

1205 Martin Luther King Jr Blvd Raleigh, NC 27610-3942
County assessor Recorded deeds · 1 transfer 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

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2945 New Bern Ave, Raleigh, NC 27610-1213 $2,300,000 Mar 2025 No data
835 New Hope, Raleigh, NC 27610-1485 $3,425,000 May 2022 11,342 SF
117 Sunnybrook, Raleigh, NC 27610-1827 $6,095,000 Oct 2021 13,131 SF
2600 New Bern, Raleigh, NC 27610-1821 $1,700,000 May 2021 4,022 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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