Property profile

212 Sawmill Rd Raleigh, NC 27615

OFF-MARKET
Office buildings
Property ID
US53-0899535
7,899 SF 1.1 ac lot Built 1998
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction BRICK
Total area 7,899 SF
Lot 1.1 ac (47,916 SF)
Zoning code OX-3
APN 1707.10-36-7350 0087043
UPID US53-0899535

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
  • Travel Agency
  • Travel Agency Tour Operator
  • Travel Agency
  • Travel Agency
  • Travel Agency

Location

212 Sawmill Rd Raleigh, NC 27615-6149
Raleigh metro Census 53723 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.70M
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.56M

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OX-3 · Raleigh, NC
Zoning description

The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options

General category MIXED_USE
Top alternative use upside
Commercial (general) $2.6M +72.2%
Medical building $2.5M +67.5%
Auto repair, garage $2.3M +56.6%

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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