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    Property profile & analytics

    2620 Rowland Rd Raleigh, NC 27615-5731

    • Warehouses
    • 4,752 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Location Intelligence
    Property ID
    US53-0086151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Concrete Transformations, LLC / Concrete Contractor
    • NorthStar Property Service & Multi-Res Connect / Wood And Laminate Flooring Supplier

    Property Details for 2620 Rowland Rd

    Year built
    2006
    Construction
    METAL FRAME
    Lot size
    0.93 lot acres
    Property size
    4,752 SF
    Zone code
    IX-3
    Property type
    Warehouses
    APN
    1727.13-04-7431 0303010
    APU
    1727130474310303010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $455,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $435,000
      Mixed-Use
      $410,000
      Hospitality
      $495,000
      Educational
      $400,000
      Residential Income
      $395,000
      Energy
      $475,000
      Income-Based Land
      $510,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5925
    Latitude
    35.8772
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,369
    $211,623
    $464,432
    $676,055
    -
    $211,623
    $464,432
    $676,055

    Comparable in this City

    • Value Estimation by Request
      70,230 SF

      210 Newton Rd

      MINI-WAREHOUSE, STORAGE • 70,230 SF
      210 Newton Rd, Raleigh, NC 27615-6139
      View Details
    • Value Estimation
      $520,000
      7,500 SF

      7204 Becky Cir

      WAREHOUSE, STORAGE • 7,500 SF
      7204 Becky Cir, Raleigh, NC 27615-5601
      View Details
    • Value Estimation
      $425,000
      4,600 SF

      2610 Rowland Rd

      WAREHOUSE, STORAGE • 4,600 SF
      2610 Rowland Rd, Raleigh, NC 27615-5629
      View Details
    • Value Estimation
      $440,000
      6,400 SF

      2821 Rowland Rd

      WAREHOUSE, STORAGE • 6,400 SF
      2821 Rowland Rd, Raleigh, NC 27615-5634
      View Details
    • Value Estimation
      $1,050,000
      7,533 SF

      3109 Gresham Lk Rd

      WAREHOUSE, STORAGE • 7,533 SF
      3109 Gresham Lk Rd, Raleigh, NC 27615-4224
      View Details
    • Value Estimation by Request
      51,304 SF

      3208 Spottswood St

      WAREHOUSE, STORAGE • 51,304 SF
      3208 Spottswood St, Raleigh, NC 27615-8131
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Available warehouse space with 30-foot ceilings and ample loading docks.
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    • $10 SF/Yr
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      14,600 SF warehouse space available for sublease.
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    • $16 SF/Yr
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      Warehouse/Office Space in Raleigh

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      Office suite in North Raleigh with convenient access to amenities.
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    • Contact for pricing
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      North Raleigh medical office building, multiple suites available.
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      View Details
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    2620 Rowland Rd
    Raleigh, NC 27615-5731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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