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Financial
Distress signals
Property profile

1408 Hillsborough St Raleigh, NC 27605

OFF-MARKET
Investment properties
Property ID
US53-0969448
3,348 SF 0.24 ac lot Built 1914
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$1.03M
Assessed land$732k
Assessed improvement$298k
Effective rate1.24%

Value estimate

· Oct 2026
$700k
$630k – $770k
CAP approach$715k
Submarket $/SF estimate$612k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$324/SF
Submarket average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$212 – $484
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OX-3
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service rela...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.8
Pet Grooming Service8.2
Locksmith8.1

Location

1408 Hillsborough St Raleigh, NC 27605-1829
County assessor Recorded deeds · not on file 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1410 Hillsborough, Raleigh, NC 27605-1829 $2,225,000 Feb 2025 3,838 SF
702 Glenwood, Raleigh, NC 27605-1508 $450,000 Jul 2023 2,698 SF
120 Saint Marys, Raleigh, NC 27605-1809 $675,000 Mar 2023 1,860 SF
1804 Hillsborough, Raleigh, NC 27605-1643 $1,550,000 Aug 2021 3,972 SF
1310 Hillsborough, Raleigh, NC 27605-1827 $745,000 Aug 2021 4,660 SF
108 Park, Raleigh, NC 27605-1833 $750,000 Dec 2019 2,806 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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