Property profile

23 Nc 98th E Hwy Bunn, NC 27508

OFF-MARKET
Retail space
Property ID
US53-1595284
12,390 SF 1.58 ac lot Built 2008
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 12,390 SF
Lot 1.58 ac (68,825 SF)
Zoning code C 3
APN 36146
UPID US53-1595284

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23 Nc 98th E Hwy Bunn, NC 27508-7289
Bunn metro Census 60801 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$1.97M

Owner & transaction history

since 2026
Last sale
$1.9M
5 recorded transactions
2026
$3.3M
2021
$1.9M
2017
$1.1M
2007
$198,000
1969
Price N/A

Zoning & alternative use

C 3 · Bunn, NC
Zoning description

b) Commercial C1, C2 and C3 Districts i) No free-standing sign may be over 10 feet in height ii) No sign shall impede pedestrian traffic iii) Setbacks shall follow current zoning classification 88 iv) Lighted signs are p…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $2.1M +35.8%
Office building $1.6M +1.5%

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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