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    Property profile & analytics

    2003 Wake Frst Rd Raleigh, NC 27608-2733

    • Investment properties
    • 5,192 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 01, 2025
    $1,398,000
    Location Intelligence
    Property ID
    US53-0683859
    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

    • Investment properties

    Property Details for 2003 Wake Frst Rd

    Year built
    1948
    Construction
    BRICK
    Lot size
    0.17 lot acres
    Property size
    5,192 SF
    Zone code
    CX-3
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    1714.05-19-1118 0068170
    APU
    1714051911180068170

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6253
    Latitude
    35.8079
    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
    $4,896
    $155,283
    $293,934
    $449,217
    -
    $155,283
    $293,934
    $449,217

    Comparable in this City

    • Value Estimation by Request
      6,365 SF

      2308 Wake Frst Rd

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    • Value Estimation by Request
      3,300 SF

      2008 Fairview Rd

      STORE/OFFICE (MIXED USE) • 3,300 SF
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      $265,000
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      1803 Oberlin Rd

      STORE/OFFICE (MIXED USE) • 5,675 SF
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    • Value Estimation
      $495,000
      3,482 SF

      2022 Mcdonald Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 3,482 SF
      2022 Mcdonald Ln, Raleigh, NC 27608-2118
      View Details
    • Value Estimation
      $330,000
      840 SF

      2236 Wake Frst Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 840 SF
      2236 Wake Frst Rd, Raleigh, NC 27608-1838
      View Details
    • Value Estimation by Request
      2,929 SF

      1637 Glenwood Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,929 SF
      1637 Glenwood Ave, Raleigh, NC 27608-2319
      View Details

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    2003 Wake Frst Rd
    Raleigh, NC 27608-2733
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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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