Property profile

2105 Millbrook Rd Raleigh, NC 27604

OFF-MARKET
Warehouses
Property ID
US53-3814766
50,025 SF 4.04 ac lot Built 2015
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2015
Construction BRICK
Total area 50,025 SF
Lot 4.04 ac (175,982 SF)
Zoning code CX-3
APN 1716.16-84-5317 0037030
UPID US53-3814766

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
  • Storage Facility

Location

2105 Millbrook Rd Raleigh, NC 27604-1742
Raleigh metro Census 54018 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.25M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.47M

Owner & transaction history

since 2015
7 recorded transactions
2023
Price N/A
2016
Price N/A
2015
Price N/A
2014
$110,000
2014
$850,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

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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