Property profile

2600 Hillsborough St Raleigh, NC 27607

OFF-MARKET
Banks
Property ID
US53-1362992
2,964 SF 0.41 ac lot Built 1955
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1955
Construction BRICK
Total area 2,964 SF
Lot 0.41 ac (17,860 SF)
Zoning code NX-4
APN 0794.20-72-9016 0072999
UPID US53-1362992

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
  • Bank Loan Service
  • Financial Advisor

Location

2600 Hillsborough St Raleigh, NC 27607-7250
Raleigh metro Census 51200 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.78M
Blend (final) Blend
$3.78M

Owner & transaction history

since 2024
Last sale
$3.8M
1 recorded transaction
2024
$3.8M

Zoning & alternative use

NX-4 · Raleigh, NC
Zoning description

The NX-4 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

General category MIXED_USE

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 2600 Hillsborough 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