Property profile

2712 Wilmington St Raleigh, NC 27603

OFF-MARKET
Turn key restaurants
Property ID
US53-1000304
2,020 SF 0.4 ac lot Built 1951
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Total area 2,020 SF
Lot 0.4 ac (17,424 SF)
Zoning code CX-3
APN 1702.11-56-1747 0075295
UPID US53-1000304

Cap rate & NOI

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

Location

2712 Wilmington St Raleigh, NC 27603-2552
Raleigh metro Census 54502 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2022
Last sale
$124,600
4 recorded transactions
2022
Price N/A
2022
Price N/A
2020
$800,000
2019
Price N/A

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

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
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