Property profile

1405 Hillsborough St Raleigh, NC 27605

OFF-MARKET
Investment properties
Property ID
US53-0545627
4,132 SF 0.33 ac lot Built 1909
Entity Owned 19-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1909
Construction FRAME
Total area 4,132 SF
Lot 0.33 ac (14,375 SF)
Zoning code OX-3
APN 1704.17-10-6287 0052783
UPID US53-0545627

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
  • Marriage Or Relationship Counselor
  • Crisis Center Medical Clinic
  • Counselor Mental Health Service
  • Counselor
  • Architect

Location

1405 Hillsborough St Raleigh, NC 27605-1828
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
$880k
Comparable Approach Comparable
$805k
Blend (final) Blend
$890k

Owner & transaction history

since 2007
2 recorded transactions
2007
$280,000
2007
Price N/A

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1405 Hillsborough St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message