Property profile

216 Smt Ave Raleigh, NC 27603

OFF-MARKET
Automotive properties
Property ID
US53-0392199
1,600 SF 0.21 ac lot Built 2011
Individually Owned 24-yr Hold Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2011
Construction FRAME
Total area 1,600 SF
Lot 0.21 ac (9,148 SF)
Zoning code CX-3
APN 1703.14-42-1581 0076823
UPID US53-0392199

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
  • Car Dealership

Location

216 Smt Ave Raleigh, NC 27603-2454
Raleigh metro Census 54502 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2001
4 recorded transactions
2001
Price N/A
2000
$85,000
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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