Technical
Financial
Distress signals
Property profile

2 Dixie Trl Raleigh, NC 27607

OFF-MARKET
Retail space
Property ID
US53-0545629
1,721 SF 0.1 ac lot Built 1960
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction CONCRETE BLOCKS
Total area 1,721 SF
Lot 0.1 ac (4,356 SF)
Zoning code NX-3
APN 0794.15-62-1594 0000259
UPID US53-0545629

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
  • (Bike/Boat/Book/etc) Store
  • Atm

Location

2 Dixie Trl Raleigh, NC 27607-7043
Raleigh metro Census 51400 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2025
Last sale
$850,000
4 recorded transactions
2025
$850,000
2006
$150,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NX-3 · Raleigh, NC
Zoning description

The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

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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