Property profile

10211 Alm St Raleigh, NC 27617

OFF-MARKET
Medical Office Space
Property ID
US53-0536046
30,924 SF 2.35 ac lot Built 2008
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Total area 30,924 SF
Lot 2.35 ac (102,366 SF)
Zoning code PD
APN 0758.04-92-7758 0346741
UPID US53-0536046

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
  • Physician
  • Medical Clinic
  • Physician
  • Physician
  • Physician

Location

10211 Alm St Raleigh, NC 27617-8221
Raleigh metro Census 53615 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.37M
Comparable Approach Comparable
$10.63M
Blend (final) Blend
$7.65M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
2018
$666,000
2018
$13.2M
2015
$12.5M
2008
Price N/A
2006
$1.9M

Zoning & alternative use

PD · Raleigh, NC
Zoning description

The site immediately abuts a district boundary of a Planned Development (PD-) district where the abutting property is vacant or contains a detached house, tiny house, or attached house and any of the following apply: Has…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Retail stores $12.2M +24.6%
Commercial (general) $10.0M +2.9%

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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