Property profile

2861 Jones Franklin Rd Raleigh, NC 27606

OFF-MARKET
Strip malls
Property ID
US53-1132668
38,830 SF 9.23 ac lot Built 1990
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction CONCRETE BLOCKS
Total area 38,830 SF
Lot 9.23 ac (402,059 SF)
Zoning code GC
APN 0772.12-75-6633 0179119
UPID US53-1132668

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
  • Grocery & Convenience Store Food Market
  • Atm Currency Exchange Service

Location

2861 Jones Franklin Rd Raleigh, NC 27606-4007
Raleigh metro Census 53007 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.09M

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2005
Price N/A

Zoning & alternative use

GC · Raleigh, 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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