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Financial
Distress signals
Property profile

1031 Nowell Rd Raleigh, NC 27607

OFF-MARKET
Office buildings
Property ID
US53-1519015
17,850 SF 2.99 ac lot Built 2000
Last sale Aug 2021 · $5,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$33k
Tax billed · 2023
Assessed value$3.00M
Assessed land$1.01M
Assessed improvement$1.99M
Effective rate1.09%

Value estimate

· Oct 2026
$5.50M
$4.95M – $6.04M
AI approach$5.80M
CAP approach$4.06M
Submarket $/SF estimate$3.50M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$207/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$126 – $287
Qualifying comparables3

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?
OP-3
The OP-3 is intended to preserve and provide land for office and employmentuses, also serve as a land use transition between other mixed ...
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 Office15.2
Auto Parts Store11.6
Nail Salon10.8

Location

1031 Nowell Rd Raleigh, NC 27607-5130
County assessor Recorded deeds · 2 transfers 3 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
2321 Blue Rdg, Raleigh, NC 27607-0163 $1,800,000 Dec 2025 10,296 SF
1351 Sunday, Raleigh, NC 27607-5166 $2,415,000 Dec 2024 8,382 SF
2301 Rexwoods Dr, Raleigh, NC 27607-3366 $7,540,000 Apr 2024 41,440 SF
4325 Lk Boone, Raleigh, NC 27607-7509 $6,270,000 Apr 2024 43,865 SF
7412 Chapel Hl, Raleigh, NC 27607-5032 $1,050,000 May 2022 6,158 SF
7330 Chapel Hl, Raleigh, NC 27607-0177 $1,365,000 Apr 2021 11,996 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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