Property profile

1100 N Raleigh Blvd Raleigh, NC 27610

FOR LEASE
Strip malls
Property ID
US53-1503282
21,250 SF 8.72 ac lot Built 1989
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 1989
Construction CONCRETE BLOCKS
Total area 21,250 SF
Lot 8.72 ac (379,843 SF)
Zoning code CX-3
APN 1714.15-54-3201 0179911
UPID US53-1503282

Cap rate & NOI

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

Location

1100 N Raleigh Blvd Raleigh, NC 27610
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
$6.71M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.17M

Owner & transaction history

since 2015
5 recorded transactions
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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