Property profile

1213 Hillsborough St Raleigh, NC 27603

OFF-MARKET
Investment properties
Property ID
US53-1176813
16,046 SF 0.14 ac lot Built 1935
Entity Owned 5-yr Hold Absentee Owner
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1935
Construction BRICK
Total area 16,046 SF
Lot 0.14 ac (6,098 SF)
Zoning code CX-5
APN 1704.17-20-0054 0036315
UPID US53-1176813

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
  • Bakery Specialty Food Shop

Location

1213 Hillsborough St Raleigh, NC 27603-1507
Raleigh metro Census 51000 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$2.19M

Owner & transaction history

since 2021
5 recorded transactions
2021
$2.6M
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CX-5 · Raleigh, NC
Zoning description

ility Sec. 3.3.1. Applicability Each Mixed Use District must include one of the following height designations. The designation establishes the maximum height in stories and feet for each mixed use district. For example,…

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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