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Financial
Distress signals
Property profile

817 New Bern Ave Raleigh, NC 27601

OFF-MARKET
Office buildings
Property ID
US53-2241989
5,208 SF 0.37 ac lot Built 1984
Last sale Jun 2026 · $1,630,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office building is located in Raleigh, within a few blocks of downtown, and includes on-site parking. The first floor features twelve storage units with frontage on Edenton Street. The building is serviced by fiber Internet from AT&T, providing high-speed upload and download service. The building configuration includes eight units total.

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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$604k
Assessed land$580k
Assessed improvement$24k
Effective rate0.89%

Value estimate

· Oct 2026
$795k
$716k – $875k
AI approach$800k
CAP approach$1.19M
Submarket $/SF estimate$737k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$195/SF
Submarket average, outlier-cleaned · 533 recorded sales of this use type
Observed band · Q1–Q3$142 – $259
Qualifying comparables11

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 Office10.7
Laundry Service8.9
Watch Repair Shop8.8

Location

817 New Bern Ave Raleigh, NC 27601-1660
County assessor Recorded deeds · 7 transfers 11 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 Martin, Raleigh, NC 27601-1323 $19,500 Sep 2022 4,605 SF
507 Martin, Raleigh, NC 27601-2028 $683,300 Oct 2021 4,590 SF
417 Dawson, Raleigh, NC 27601-1722 $1,500,000 Sep 2020 5,061 SF
132 Salisbury, Raleigh, NC 27601-1483 $974,000 Dec 2019 4,785 SF
401 Cabarrus, Raleigh, NC 27601-1714 $820,500 Sep 2019 5,175 SF
510 Harrington, Raleigh, NC 27601-2162 $1,550,000 Sep 2019 5,714 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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