Property profile

18 3rd St Wendell, NC 27591

OFF-MARKET
Retail space
Property ID
US53-0905722
2,500 SF 0.06 ac lot Built 1920
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction BRICK
Total area 2,500 SF
Lot 0.06 ac (2,614 SF)
Zoning code DMX
APN 1783.07-79-1628 0076449
UPID US53-0905722

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
  • Restaurant
  • Cafe & Coffee Shop
  • (Bike/Boat/Book/etc) Store

Location

18 3rd St Wendell, NC 27591-9788
Wendell metro Census 54402 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2023
Last sale
$300,000
3 recorded transactions
2023
$300,000
2022
Price N/A
2006
Price N/A

Zoning & alternative use

DMX · Wendell, NC
Zoning description

The Downtown Mixed-Use District is coded to encourage the redevelopment and expansion of the traditional Downtown area. Individual buildings are encouraged to be mixed vertically with street level commercial and upper le…

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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