1422 Millbrook Rd Raleigh, NC 27609-4812
Property profile & analytics
1422 Millbrook Rd, Raleigh, NC 27609-4812
- Medical Office Space
- 7,571 SF
- 0.61 lot acres
Property ID
US53-1722373
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- JAKE KARELS / Pediatrician / Physician
- ADAM NICHOLAS DRECHSLER / Pediatrician / Physician
- Julie Drew PA-C / Physician
- Richard J Forsyth, MD / Pediatrician / Physician
- Isaac Porter / Physician
Property Details for 1422 Millbrook Rd
- Year built
- 1996
- Construction
- BRICK
- Lot size
- 0.61 lot acres
- Zone code
- OX-3
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 1716.14-44-9421 0196412
- APU
- 1716144494210196412
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 19, 2021 | — | Cfm Partners LLC | L & M Diversified Investments LLC | Deed | $2.7M · First Bank |
| Feb 4, 2021 | — | L & M Dvrsfd Invs LLC | — | Deed · related | $800k · North St Bk |
| Aug 6, 2014 | — | L & M Diversified Invs LLC | Lawton,john E | Warranty Deed · related | — |
| Jan 18, 2013 | $1,470,000 | Lawton,john E | 1422 E Millbrook Road LLC | Warranty Deed | $982k · North St Bk |
| Jan 12, 2007 | — | 1422 E Millbrook Road LLC | Lowry,r Frank JR | Warranty Deed | $650k · Wachovia Bank NA |
| — | — | 1422 E Millbrook Road LLC | — | Deed Of Trust · related | $497k · Branch Banking & Trust Co |
| — | — | L & M Dvrsfd Invs LLC | — | Deed Of Trust · related | $800k · North St Bk |
| — | — | 1422 E Millbrook Road LLC | — | Deed Of Trust · related | $100k · Wachovia Bank NA |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,105,000
- ML approach
- $2,190,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,955,000
- 6.5%
- $1,805,000
- 7%
- $1,675,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,840,000
- AI Estimate
- $1,207,000
Market price range: $1.31M - $2.33MMarket price range: $467k - $1.88M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,875,000 Current use
- COMMERCIAL (GENERAL)
- $2,455,000 Change: +31% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,230,000 Change: +19% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,710,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6122
- Latitude
- 35.8498
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,020
$239,148
$955,391
$1,194,539
-
$239,148
$955,391
$1,194,539
