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    Property profile & analytics

    19 Martin St Raleigh, NC 27601-1841

    • Investment properties
    • 4,692 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $1,890,000
    Last Sale
    Dec 17, 2021
    $1,590,000
    Location Intelligence
    Property ID
    US53-0661690
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Carroll's Kitchen / Lunch Restaurant / Non-Profit Organization
    • Robertson Douglas E / Insurance Agency

    Property Details for 19 Martin St

    Year built
    1910
    Construction
    BRICK
    Lot size
    0.08 lot acres
    Property size
    4,692 SF
    Zone code
    DX-5
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    1703.34-77-2935 0012024
    APU
    1703347729350012024

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,405,000
      6.5%
      $1,535,000
      7%
      $1,660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,470,000
      Geo Method
      $1,615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,860,000
      Retail
      $1,455,000
      Mixed-Use
      $1,920,000
      Hospitality
      $1,710,000
      Educational
      $1,765,000
      Residential Income
      $1,445,000
      Energy
      $1,805,000
      Income-Based Land
      $1,740,000
      Food Service
      $1,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6385
    Latitude
    35.7771
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,429
    $1,046,546
    $787,148
    $1,833,694
    -
    $1,046,546
    $787,148
    $1,833,694

    Comparable in this City

    • Value Estimation by Request
      28,273 SF

      111 Hargett St

      STORE/OFFICE (MIXED USE) • 28,273 SF
      111 Hargett St, Raleigh, NC 27601-1313
      View Details
    • Value Estimation by Request
      15,972 SF

      307 Martin St

      STORE/OFFICE (MIXED USE) • 15,972 SF
      307 Martin St, Raleigh, NC 27601-1352
      View Details
    • Value Estimation by Request
      4,650 SF

      126 Hargett St

      STORE/OFFICE (MIXED USE) • 4,650 SF
      126 Hargett St, Raleigh, NC 27601-1440
      View Details
    • Value Estimation
      $400,000
      3,150 SF

      209 Wilmington St

      STORE/OFFICE (MIXED USE) • 3,150 SF
      209 Wilmington St, Raleigh, NC 27601-1433
      View Details
    • Value Estimation by Request
      17,997 SF

      112 Hargett St

      STORE/OFFICE (MIXED USE) • 17,997 SF
      112 Hargett St, Raleigh, NC 27601-1456
      View Details
    • Value Estimation by Request
      18,496 SF

      111 Hargett St

      STORE/OFFICE (MIXED USE) • 18,496 SF
      111 Hargett St, Raleigh, NC 27601-1481
      View Details

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    19 Martin St
    Raleigh, NC 27601-1841
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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