Technical
Financial
Distress signals
Property profile

1701 Millbrook Rd Raleigh, NC 27609

OFF-MARKET
Specialty properties
Property ID
US53-0808915
7,321 SF 1.51 ac lot Built 1973
Entity Owned Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1973
Construction BRICK
Total area 7,321 SF
Lot 1.51 ac (65,776 SF)
Zoning code OX-3
APN 1716.15-64-4721 0009293
UPID US53-0808915

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
  • Social Service Agency

Location

1701 Millbrook Rd Raleigh, NC 27609-4957
Raleigh metro Census 54004 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

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
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