Property profile

19 Martin St Raleigh, NC 27601

OFF-MARKET
Investment properties
Property ID
US53-0661690
4,692 SF 0.08 ac lot Built 1910
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1910
Construction BRICK
Total area 4,692 SF
Lot 0.08 ac (3,485 SF)
Zoning code DX-5
APN 1703.34-77-2935 0012024
UPID US53-0661690

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
  • Insurance Agency

Location

19 Martin St Raleigh, NC 27601-1841
Raleigh metro Census 50100 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.27M
Blend (final) Blend
$1.97M

Owner & transaction history

since 2021
Last sale
$1.6M
4 recorded transactions
2021
Price N/A
2010
$1.6M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DX-5 · Raleigh, NC
Zoning description

The DX-5 is intended to provide for intense mixed use development of the Citysdowntown area

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $2.6M +69.9%
Retail stores $1.8M +21.2%

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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