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Financial
Distress signals
Property profile

2609 Spg Frst Rd Raleigh, NC 27616

OFF-MARKET
Warehouses
Property ID
US53-1319017
8,400 SF 0.69 ac lot Built 1987
Last sale Dec 2025 · $2,060,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ 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?
$9k
Tax billed · 2023
Assessed value$785k
Assessed land$241k
Assessed improvement$545k
Effective rate1.09%

Value estimate

· Oct 2026
$515k
$464k – $567k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$260/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$172 – $390
Qualifying comparables4

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?
IX-3
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial...
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 Office14.2
Parking Facility13.2
Law Firm11.1

Location

2609 Spg Frst Rd Raleigh, NC 27616-1825
County assessor Recorded deeds · 1 transfer 4 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4808 Hargrove, Raleigh, NC 27616-1885 $1,150,000 May 2024 8,952 SF
4900 Thornton Rd, Raleigh, NC 27616-5879 $1,102,000 May 2024 4,358 SF
4501 Preslyn, Raleigh, NC 27616-3178 $1,350,000 Mar 2024 5,500 SF
5601 Spg Cta, Raleigh, NC 27616-2920 $2,780,000 Feb 2024 5,162 SF
4550 Preslyn, Raleigh, NC 27616-3177 $1,213,500 Dec 2022 8,000 SF
8441 Garvey, Raleigh, NC 27616-3176 $1,693,000 Oct 2022 5,700 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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