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Property profile & analytics
OFF-MARKET
Specialty properties

2229 Rainy Lk St Wake Forest, NC 27587-3425

1,791 SF 4.1 ac lot Built 2006
Entity Owned 15-yr Hold Free & Clear
Property ID
US53-1389305
Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 2006
Construction FRAME
Total area 1,791 SF
Lot 4.1 ac (178,596 SF)
Zoning code GR5
APN 1748.02-57-5344 0358005
UPID US53-1389305
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stonegate Community Center
  • Stonegate Subdivision Clubhouse Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Homeowners Assn Of Stonegate INC · 15 yrs held
Homeowners Assn Of Stonegate INC
since 2010
1 recorded transaction
2010
Price N/A
Zoning & alternative use
GR5 · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

for Franklin County parcels. If the property is in a General Residential zone (GR3, GR5, GR10), the minimum setback for an accessory structure is 5 feet from the side property line and 10 feet from the rear. For other zones, refer to the tables in the following link UDO 2.2 District Provisions . For more specific information, contact a planner at 919-435-951…

Zone name General Residential 5
General category RESIDENTIAL
Zone area 791.10 ac
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