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Property profile & analytics

11817 Retail Dr Wake Forest, NC 27587-7352

  • Community centers
  • 13,188 SF
  • 14.48 lot acres
OFF-MARKET
Last Sale
Nov 25, 2020
$7,550,000
Value Estimations
$8,250,000
Show details
Cap Rate Potential
2.5%
Community centers
Location Intelligence
Property ID
US53-0583385
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.

Current Use by Public Records

  • Sleepy's / Mattress Store
  • Mattress Firm Wake Forest / Mattress Store / Bed Shop

Property Details for 11817 Retail Dr

Year built
2004
Construction
CONCRETE BLOCKS
Lot size
14.48 lot acres
Property size
13,188 SF
Zone code
HB
Property type
Community centers
APN
1830.07-58-1064 0287514
APU
1830075810640287514

Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $10,735,000
    ML approach
    $10,060,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $9,535,000
    Market price range: $5.03M - $12.5M
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $7,265,000
    Current use
    RESTAURANT
    $7,120,000
    Change: -2% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Wake Forest
County
Wake
State
North Carolina
Longitude
-78.5434
Latitude
35.9694
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
$90,446
$2,076,779
$5,706,842
$7,783,621
-
$2,076,779
$5,706,842
$7,783,621
More about this property
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