111 Seaboard Ave Raleigh, NC 27604-1151
Property profile & analytics
111 Seaboard Ave Raleigh, NC 27604-1151
- Retail space
- 10,302 SF
- 0.89 lot acres
Property ID
US53-0072156
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mon Macaron / Bakery / Take-out & Catering
- Cuttin Up Barber Studio / Barber Shop
- SMITH & CO. HAIR SALON LLC / Hair Salon
- Hunky Dory / (Bike/Boat/Book/etc) Store
- On The Fringe Hair Design / Hair Salon
Property Details for 111 Seaboard Ave
- Year built
- 1968
- Construction
- BRICK
- Lot size
- 0.89 lot acres
- Property size
- 10,302 SF
- Zone code
- DX-7
- Property type
- Retail space
- APN
- 1704.19-62-6175 0011486
- APU
- 1704196261750011486
Description
Seaboard Station, located at 111 Seaboard Ave, Raleigh, NC 27604, offers a prime retail opportunity in Wake County. This strip center comprises 4,633 square feet, divided into three suites, perfect for multiple tenants. Currently, 3,724 square feet are available for lease, with individual suite sizes ranging from a minimum of 1,033 square feet to a maximum contiguous space of 1,541 square feet. The property is ideally suited for retail or restaurant businesses seeking high visibility and convenient access. Ample parking is available directly in front of the building, supplemented by readily available two-hour street parking. The property's location in Raleigh, North Carolina, provides excellent access to a thriving local market and strong consumer base. This is an exceptional chance to establish or expand your business in a well-situated and attractive retail space. The property type is classified as Retail and Restaurant, and the property is categorized as a Strip Center. Interested parties should inquire about lease terms and availability. The property's latitude and longitude coordinates are 35.7885693 and -78.6402358 respectively.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,870,000
- 6.5%
- $2,650,000
- 7%
- $2,460,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,288,000
Market price range: $803k - $2.29M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,330,000 Current use
- COMMERCIAL (GENERAL)
- $3,340,000 Change: +43% Conversion: Easy
- MEDICAL BUILDING
- $3,250,000 Change: +39% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,040,000 Change: +30% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,335,000 Change: +0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6402
- Latitude
- 35.7886
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$44,919
$2,368,725
$1,752,319
$4,121,044
-
$2,368,725
$1,752,319
$4,121,044
