Property profile

1702 Raleigh Rd W Pkwy Wilson, NC 27896

OFF-MARKET
Other commercial real estate
Property ID
US53-4380513
4,200 SF 0.88 ac lot Built 1993
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

A newly constructed 4,200-square-foot Popeyes restaurant sits on a 0.88-acre lot in Wilson, North Carolina. The facility is configured for restaurant use and was developed as a single-tenant property under a long-term absolute NNN style lease structure, with scheduled rent increases of 10% every five years across four five-year option periods. The site is positioned at a signalized intersection, providing direct access and visibility, and is located near a Walmart Supercenter along Raleigh Road and Forest Hills Road, where traffic counts have been reported as exceeding 60,000 vehicles per day. The surrounding area includes multiple national retail tenants such as McDonald’s, Hobby Lobby, and Starbucks.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1993
Total area 4,200 SF
Lot 0.88 ac (38,333 SF)
APN 3712-14-5676.000
UPID US53-4380513

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1702 Raleigh Rd W Pkwy Wilson, NC 27896-2000
Wilson metro Census 501 WILSON, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$2.5M
6 recorded transactions
2026
Price N/A
2025
$2.5M
2020
Price N/A
2020
Price N/A
2019
$925,000
2012
$1.2M

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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