Property profile

2389 Rains Ml Rd Princeton, NC 27569

OFF-MARKET
Commercial real estate
Property ID
US53-0794960
1,620 SF 117.62 ac lot Built 1950
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Total area 1,620 SF
Lot 117.62 ac (5,123,527 SF)
Zoning code RAG
APN 04Q07027V
UPID US53-0794960

Cap rate & NOI

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

Location

2389 Rains Ml Rd Princeton, NC 27569-7659
Princeton metro Census 40502 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

RAG · Princeton, NC

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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