Property profile

1008 Raleigh Blvd Raleigh, NC 27610

OFF-MARKET
Strip malls
Property ID
US53-2063560
6,837 SF 0.74 ac lot Built 1996
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction CONCRETE BLOCKS
Total area 6,837 SF
Lot 0.74 ac (32,234 SF)
Zoning code CX-3
APN 1714.14-44-9009 0187525
UPID US53-2063560

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Restaurant

Location

1008 Raleigh Blvd Raleigh, NC 27610-1087
Raleigh metro Census 51900 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.33M

Owner & transaction history

since 2015
6 recorded transactions
2025
Price N/A
2015
Price N/A
2009
$5.6M
2005
$6.2M
2004
Price N/A
2004
$5.0M

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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