Property profile

211 Wilmington St Raleigh, NC 27601

OFF-MARKET
Turn key restaurants
Property ID
US53-0021087
3,270 SF 0.04 ac lot Built 1910
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Construction BRICK
Total area 3,270 SF
Lot 0.04 ac (1,742 SF)
Zoning code DX-7
APN 1703.34-78-3262 0026429
UPID US53-0021087

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
  • Restaurant

Location

211 Wilmington St Raleigh, NC 27601-1433
Raleigh metro Census 50100 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
2009
$328,000
2005
$275,000

Zoning & alternative use

DX-7 · Raleigh, 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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