Property profile

2907 Wake Frst Rd Raleigh, NC 27609

OFF-MARKET
Auto shops
Property ID
US53-1115383
3,240 SF 0.73 ac lot Built 2016
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2016
Construction BRICK
Total area 3,240 SF
Lot 0.73 ac (31,799 SF)
Zoning code CX-3
APN 1715.13-13-4729 0075419
UPID US53-1115383

Cap rate & NOI

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

Location

2907 Wake Frst Rd Raleigh, NC 27609-7841
Raleigh metro Census 52701 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
by Request
Comparable Approach Comparable
$561k
Blend (final) Blend
$880k

Owner & transaction history

since 2024
Last sale
$880,000
3 recorded transactions
2024
$880,000
2024
Price N/A
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
Top alternative use upside
Retail stores $1.3M +33.3%
Commercial (general) $1.1M +10.0%

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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