Property profile

221 Raleigh St Siler City, NC 27344

OFF-MARKET
Office Spaces
Property ID
US53-0327967
1,512 SF 0.24 ac lot Built 1961
Entity Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1961
Construction WOOD
Total area 1,512 SF
Lot 0.24 ac (10,454 SF)
Zoning code O-I
APN 61398
UPID US53-0327967

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
  • Tax Preparation
  • Insurance Agency

Location

221 Raleigh St Siler City, NC 27344-3415
Siler City metro Census 20402 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2019
4 recorded transactions
2019
$79,000
2010
Price N/A
2005
$110,000
1969
Price N/A

Zoning & alternative use

O-I · Siler City, NC
Zoning description

The O-I (office-institutional) district is designed to accommodate a mixture of residential uses and uses that fall primarily within the 18 classification. It is intended that this zoning classification be applied primar…

General category CIVIC_INSTITUTIONAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 221 Raleigh St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message