Property profile

11 3rd St Wendell, NC 27591

OFF-MARKET
Retail space
Property ID
US53-1599065
6,000 SF 0.15 ac lot Built 1960
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction BRICK
Total area 6,000 SF
Lot 0.15 ac (6,534 SF)
Zoning code DMX
APN 1783.07-79-0856 0070480
UPID US53-1599065

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
  • Family Recreation Center
  • Family Recreation Center
  • Distribution Center Logistics Company

Location

11 3rd St Wendell, NC 27591-9789
Wendell metro Census 54402 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
$640k
Blend (final) Blend
$395k

Owner & transaction history

since 2019
3 recorded transactions
2019
$250,000
2003
$105,000
1969
Price N/A

Zoning & alternative use

DMX · Wendell, NC
Zoning description

The Downtown Mixed-Use District is coded to encourage the redevelopment and expansion of the traditional Downtown area. Individual buildings are encouraged to be mixed vertically with street level commercial and upper le…

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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