Technical
Financial
Distress signals
Property profile

1600 Saunders St Raleigh, NC 27603

OFF-MARKET
Specialty properties
Property ID
US53-1567140
10,005 SF 0.75 ac lot Built 2019
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 2019
Construction BRICK
Total area 10,005 SF
Lot 0.75 ac (32,670 SF)
Zoning code NX-3
APN 1703.18-31-9512 0061228
UPID US53-1567140

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
  • Veterinary Clinic

Location

1600 Saunders St Raleigh, NC 27603-2312
Raleigh metro Census 54502 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$920k

Owner & transaction history

since 2017
1 recorded transaction
2017
$900,000

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
Top alternative use upside
Medical building $1.5M +73.1%
Restaurant $1.2M +39.0%
Auto repair, garage $1.1M +28.2%

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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