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    Property profile & analytics
    OFF-MARKET Estimated value $575,000
    Investment properties

    133 Hargett St, Raleigh, NC 27601-1439

    3,192 SF 0.04 ac lot Built 1926
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US53-1541778
    Property summary
    AI-generated overview

    This exceptional 1,333-square-foot retail space at 133 E Hargett St in downtown Raleigh, NC, presents a unique investment opportunity. Located in Wake County, this single-tenant property, formerly home to Remedy Diner, offers a versatile layout ideal for a variety of retail or restaurant concepts. The ground floor boasts ample space for customer interaction and sales, complemented by valuable basement storage for inventory or supplies. The upper level provides additional space, adaptable as office suites or a single large office, bathed in natural light from its charming vintage windows. The building's history adds character and potential for branding opportunities. The property's central location in Raleigh's vibrant downtown core ensures high visibility and accessibility to a dense population and significant foot traffic. This is a chance to acquire a well-situated, historically significant building with substantial potential for growth and return. The property is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's specific needs. The address is 133 E Hargett St, Raleigh, NC 27601. This is a single-tenant commercial property with a total building square footage of 1,333 square feet. All 1,333 square feet are currently vacant.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1926
    Construction BRICK
    Total area 3,192 SF
    Lot 0.04 ac (1,742 SF)
    Zoning code DX-7
    APN 1703.35-78-6492 0040373
    UPID US53-1541778
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Essential Roofing Guys Roofing Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $680k
    Comparable Approach Comparable
    $381k
    Blend (final) Blend
    $575k
    Owner & transaction history
    Global Investments Group LLC · 2 yrs held
    Global Investments Group LLC
    since 2023
    Last sale
    $12,800
    2 recorded transactions
    2023
    $12,800
    2018
    $960,000
    Zoning & alternative use
    DX-7 · Raleigh, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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