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Financial
Distress signals
Property profile

1404 New Bern Ave Raleigh, NC 27610

OFF-MARKET
Retail space
Property ID
US53-5827115
1,902 SF 0.16 ac lot Built 1963
Last sale May 2024 · $950,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ 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 · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$112k
Assessed land$83k
Assessed improvement$28k
Effective rate1.09%

Value estimate

· Oct 2026
$950k
$855k – $1.05M
AI approach$950k

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

Recently sold

What actually traded nearby?
$289/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$191 – $456
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?
NX-3
The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residenti...
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 Office19.1
Building Supply12.9
Electrical Service11.5

Location

1404 New Bern Ave Raleigh, NC 27610-6936
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1500 New Bern, Raleigh, NC 27610-2536 $350,000 Feb 2025 1,310 SF
1617 New Bern, Raleigh, NC 27610-2537 $818,300 Jul 2023 1,598 SF
2008 Poole, Raleigh, NC 27610-2726 $300,000 May 2023 2,279 SF
1109 Cross Link, Raleigh, NC 27610-4842 $47,000 Feb 2023 1,683 SF
1830 New Bern, Raleigh, NC 27610-2541 $783,500 Feb 2023 2,352 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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