Financial
Distress signals
Property profile

1987 Umstead Dr Raleigh, NC 27603

OFF-MARKET
Hospitals
Property ID
US53-4048561
23,614 SF 143.59 ac lot Built 1939
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

Assessed value$52.36M
Assessed land$40.53M
Assessed improvement$11.83M
Value estimate · Sep 2026
$5.25M
$4.72M – $5.77M
CAP approach$5.27M
Sales comparison$5.64M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$315/SF
Submarket average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$222 – $400
Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

OX-3
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service rela...
General categoryMIXED_USE
JurisdictionWAKE
Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.2
Law Firm8.6
Spa & Massage8.5

Location

1987 Umstead Dr Raleigh, NC 27603
County assessor Recorded deeds · not on file Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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More about this property
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