Property profile

229 Raleigh St Siler City, NC 27344

OFF-MARKET
Office Spaces
Property ID
US53-0349430
1,441 SF 0.24 ac lot Built 1943
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1943
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,441 SF
Lot 0.24 ac (10,454 SF)
Zoning code O-I
APN 61117
UPID US53-0349430

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Acupuncture
  • Alternative Medicine Practice Acupuncture

Location

229 Raleigh St Siler City, NC 27344-3550
Siler City metro Census 20402 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2010
Last sale
$97,000
1 recorded transaction
2010
$97,000

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 229 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