Property summary
This exceptional 1,961 square foot commercial property is located at 2 Dixie Trail, Raleigh, NC, on a 0.1-acre lot. Its prime location at the intersection of Hillsborough Street and Dixie Trail offers unparalleled visibility and accessibility in a thriving area. The building boasts ample on-site parking, a significant advantage in this high-demand location. Its proximity to NC State University ensures a consistent flow of pedestrian and vehicular traffic, creating a strong foundation for a variety of commercial uses. The surrounding area is bustling with popular restaurants, shops, and other successful businesses, providing a vibrant and supportive commercial environment. This property is ideal for retail, office, or mixed-use ventures seeking a high-traffic location with excellent visibility and ample parking. The asking price is $850,000. This presents a unique investment opportunity in a rapidly growing area of Raleigh, offering significant potential for return on investment. The property's size, layout, and location combine to create an exceptional foundation for any business looking to establish or expand in this desirable area. This is a rare chance to acquire a well-situated commercial property with significant growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NX-3 · Raleigh, NCThe NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NX-3 in Raleigh, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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