Realmo Analytics

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Property profile

418 W Peace St Raleigh, NC 27603

FOR LEASE
Warehouses
Property ID
US53-1122683
16,778 SF 0.65 ac lot Built 1947
Last sale Mar 2022 · $3,761,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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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. 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?
$40k
Tax billed · 2023
Assessed value$3.71M
Assessed land$3.68M
Assessed improvement$33k
Effective rate1.09%

Value estimate

· Oct 2026
$4.95M
$4.45M – $5.44M
AI approach$5.00M
CAP approach$2.86M
Submarket $/SF estimate$4.58M
NOI build-up
Gross scheduled income$236k
Vacancy & credit loss−$10k
Operating expenses−$68k
NOI · 1,089,441.38% cap applied$158k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$196/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$115 – $273
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,089,441.38%
$158k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IX-12
The IX-12 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercia...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply25.0
Wholesale Shop24.0
HVAC Service16.6

Location

418 W Peace St Raleigh, NC 27603
County assessor Recorded deeds · 2 transfers 8 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Rupert, Raleigh, NC 27603-3629 $2,675,000 Jun 2024 10,311 SF
1221 Home, Raleigh, NC 27603-4541 $45,000 Mar 2024 10,200 SF
1406 Smith Reno, Raleigh, NC 27603-7732 $4,250,000 Jan 2024 12,981 SF
834 Purser, Raleigh, NC 27603-4176 $2,150,000 Dec 2023 10,000 SF
10101 Division, Raleigh, NC 27603-5664 $6,454,500 Oct 2023 19,440 SF
2654 Saunders, Raleigh, NC 27603-2840 $47,000 Jun 2023 22,960 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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