Property profile

1216 Oberlin Rd Raleigh, NC 27608

OFF-MARKET
Specialty properties
Property ID
US53-2667713
7,406 SF 1.52 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1980
Construction BRICK
Total area 7,406 SF
Lot 1.52 ac (66,211 SF)
Zoning code OX-3
APN 1704.09-16-0267 0088796
UPID US53-2667713

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
  • Veterinary Clinic
  • Veterinary Clinic

Location

1216 Oberlin Rd Raleigh, NC 27608-2018
Raleigh metro Census 51600 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
by Request
Blend (final) Blend
$645k

Owner & transaction history

Zoning & alternative use

OX-3 · Raleigh, NC
Zoning description

The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options

General category MIXED_USE
Top alternative use upside
Restaurant $895,000 +43.3%
Office building $810,000 +29.6%
Auto repair, garage $745,000 +19.3%

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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