Property profile

2040 Forestville Rd Wake Forest, NC 27587

OFF-MARKET
Manufacturing properties
Property ID
US53-1873619
5,950 SF 5.5 ac lot Built 1977
Individually Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1977
Construction CONCRETE BLOCKS
Total area 5,950 SF
Lot 5.5 ac (239,580 SF)
Zoning code R-30
APN 1748.02-58-3897 0096439
UPID US53-1873619

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
  • General Contractor Renovation Specialist

Location

2040 Forestville Rd Wake Forest, NC 27587-8130
Wake Forest metro Census 54217 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2015
4 recorded transactions
2015
$298,000
2015
Price N/A
2014
$15,000
2014
Price N/A

Zoning & alternative use

R-30 · Wake Forest, NC

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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