Property profile

206 Wilmington St Raleigh, NC 27601

OFF-MARKET
Investment properties
Property ID
US53-0151431
10,772 SF 0.12 ac lot Built 1920
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Construction BRICK
Total area 10,772 SF
Lot 0.12 ac (5,227 SF)
Zoning code DX-5
APN 1703.34-78-2247 0026430
UPID US53-0151431

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

Location

206 Wilmington St Raleigh, NC 27601-1434
Raleigh metro Census 50100 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.30M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

since 2006
4 recorded transactions
2017
Price N/A
2012
Price N/A
2006
$1.0M
1969
Price N/A

Zoning & alternative use

DX-5 · Raleigh, NC
Zoning description

The DX-5 is intended to provide for intense mixed use development of the Citysdowntown area

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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