Technical
Financial
Distress signals
Property profile

1024 Lynn Rd Raleigh, NC 27612

OFF-MARKET
Day care centers
Property ID
US53-1343977
5,704 SF 0.98 ac lot Built 1956
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1956
Construction FRAME
Total area 5,704 SF
Lot 0.98 ac (42,689 SF)
Zoning code R-10
APN 1707.17-22-2099 0069884
UPID US53-1343977

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
  • High School Daycare Center
  • High School Daycare Center
  • Daycare Center

Location

1024 Lynn Rd Raleigh, NC 27612-2422
Raleigh metro Census 53729 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2024
Last sale
$1.3M
4 recorded transactions
2024
$1.3M
2022
$1.0M
2014
Price N/A
2014
Price N/A

Zoning & alternative use

R-10 · Raleigh, NC
Zoning description

R-10. F. Density, Lot Area per Dwelling Unit, and Site Area per Dwelling Unit Residential density, where applicable, is expressed in units per acre and is calculated by dividing the total number of dwelling units by the…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $1.9M +16.5%
Medical building $1.8M +13.3%
Auto repair, garage $1.7M +5.9%

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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