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Property profile & analytics
FOR LEASE
Community centers
1700 Raleigh Road Pkwy W Wilson, NC 27896
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-4532936
For Lease
1 / 2
Contact for pricing
1700 Raleigh Road Pkwy W, Wilson, NC 27896
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Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Total area
66,874 SF
Lot
9.09 ac (395,960 SF)
APN
3712-14-5947.000
UPID
US53-4532936
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
-
San Jose Mexican Restaurant Restaurant
-
Scooter's Coffee Cafe & Coffee Shop
-
The Vapor Shoppe - Wilson Electronics & Wireless Store
-
Punta Cana Restaurant & Bar Restaurant
-
P.S.L. FITNESS TRAINING STUDIO Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.00M
Owner & transaction history
Forest Hills Investors LLC · 6 yrs held
Forest Hills Investors LLC
since 2019
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,210,000
Change: 0% · Conversion: Moderate
MEDICAL BUILDING
$7,070,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,140,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,920,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,800,000
Change: 0% · Conversion: Difficult
RESTAURANT
$4,565,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$4,325,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$105 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$87,469
Tax year 2021
Assessed value
$7,210,366
Assessed 2024
Previous assessed
$6,822,491
+5.7% YoY
Effective rate
1.21%
On assessed value
Assessed land
$3,563,643
Assessed improvement
$3,646,723
Land market value
$3,563,643
Improvement market value
$3,646,723
Total market value
$7,210,366
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1989
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
66,874 SF
Lot
9.09 ac (395,960 SF)
APN
3712-14-5947.000
UPID
US53-4532936
Jurisdiction
WILSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$7.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.8M
RESTAURANT
Est. value
$4.6M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
9.09 ac
Current owner
From public records · entity-resolved
Forest Hills Investors LLC
Entity
Mailing address
3265 MERIDIAN PKWY STE #130, WESTON, FL 33331-3506
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2019
$6,750,000
Forest Hills Investors LLC
Rcg Wilson LLC
Special Warranty Deed
$4,350,000 · Standard Insurance Co
Sep 10, 2013
$4,950,000
Rcg Wilson LLC
Ddr Se Forest Hills LP
Quit Claim Deed
$5,075 · Protective Life Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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