Realmo Analytics

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Financial
Distress signals
Property profile

804 Salem Woods Dr Raleigh, NC 27615

FOR SALE
Medical Office Space
Property ID
US53-5717357
1,000 SF 0.01 ac lot Built 1988
Last sale Oct 2024 · $285,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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?
$2k
Tax billed · 2023
Assessed value$141k
Assessed improvement$141k
Effective rate1.09%

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$175k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 4.10% cap applied$7k

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?
4.10%
$7k 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?
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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.0
Auto Parts Store13.9
Building Supply13.6

Location

804 Salem Woods Dr Raleigh, NC 27615
County assessor Recorded deeds · 9 transfers 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
901 Paverstone Dr, Raleigh, NC 27615-4710 $561,000 Mar 2024 1,870 SF
105 Wind Chime, Raleigh, NC 27615-6460 $440,000 Jul 2023 1,913 SF
8410 6th Frks Rd, Raleigh, NC 27615-3078 $190,000 Mar 2023 923 SF
8321 Bandford Way, Raleigh, NC 27615-2764 $526,800 Jul 2021 1,568 SF
8408 6th Frks Rd, Raleigh, NC 27615-3077 $191,500 Feb 2021 923 SF
1061 Bullard, Raleigh, NC 27615-6869 $250,000 Dec 2020 2,016 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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