Property profile

1906 Main St Ste 118 Wake Forest, NC 27587

OFF-MARKET
Office buildings
Property ID
US53-5536682
900 SF 0.01 ac lot Built 2001
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2001
Construction BRICK
Total area 900 SF
Lot 0.01 ac (436 SF)
Zoning code HB
APN 1830.04-91-1452 0293111
UPID US53-5536682

Cap rate & NOI

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

Location

1906 Main St Ste, Unit 118 Wake Forest, NC 27587-5033
Wake Forest metro Census 54206 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2010
4 recorded transactions
2010
$109,000
2008
$131,000
2003
$125,500
1969
Price N/A

Zoning & alternative use

HB · Wake Forest, NC
Zoning description

The Highway Business District is generally located on the major thoroughfares in town and provides opportunities for the provision of offices, services, and retail goods. The regulations for this district are intended to…

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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