Property profile

12341 Strickland Rd Raleigh, NC 27613

OFF-MARKET
Strip malls
Property ID
US53-0669198
5,600 SF 5.38 ac lot Built 2010
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2010
Construction CONCRETE BLOCKS
Total area 5,600 SF
Lot 5.38 ac (234,353 SF)
Zoning code NX-3
APN 0788.16-84-0615 0307437
UPID US53-0669198

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
  • Pediatrician Physician
  • Nail Salon
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician

Location

12341 Strickland Rd Raleigh, NC 27613-1273
Raleigh metro Census 53712 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2010
1 recorded transaction
2010
$7.0M

Zoning & alternative use

NX-3 · Raleigh, NC
Zoning description

The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

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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