Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2920 Jones Franklin Rd Raleigh, NC 27606-4023

    • Banks
    • 3,758 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    $3,085,000
    Last Sale
    Nov 02, 2020
    $2,525,000
    Location Intelligence
    Property ID
    US53-1796576
    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

    • Swift Creek Dental Care / Dentist
    • PNC Bank / Bank

    Property Details for 2920 Jones Franklin Rd

    Year built
    2007
    Construction
    BRICK
    Lot size
    0.84 lot acres
    Property size
    3,758 SF
    Zone code
    OIM
    Property type
    Banks
    APN
    0772.11-75-1925 0340046
    APU
    772117519250340046

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,440,000
      6.5%
      $2,370,000
      7%
      $2,835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,325,000
      Geo Method
      $2,375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,165,000
      Retail
      $2,955,000
      Mixed-Use
      $2,895,000
      Hospitality
      $2,645,000
      Educational
      $2,595,000
      Residential Income
      $2,180,000
      Energy
      $2,295,000
      Income-Based Land
      $2,185,000
      Food Service
      $2,415,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7401
    Latitude
    35.7444
    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
    $16,659
    $610,782
    $1,077,072
    $1,687,854
    -
    $610,782
    $1,077,072
    $1,687,854

    Comparable in this City

    • Value Estimation by Request
      6,106 SF

      560 Centennial Pkwy

      FINANCIAL BUILDING • 6,106 SF
      560 Centennial Pkwy, Raleigh, NC 27606-3208
      View Details
    • Value Estimation
      $1,910,000
      2,190 SF

      4530 Western Blvd

      FINANCIAL BUILDING • 2,190 SF
      4530 Western Blvd, Raleigh, NC 27606-1814
      View Details
    • Value Estimation by Request
      2,561 SF

      2819 Jones Franklin Rd

      FINANCIAL BUILDING • 2,561 SF
      2819 Jones Franklin Rd, Raleigh, NC 27606-4007
      View Details
    • Value Estimation
      $1,390,000
      1,341 SF

      6309 Hillsborough St

      STORE, RETAIL OUTLET • 1,341 SF
      6309 Hillsborough St, Raleigh, NC 27606-1148
      View Details
    • Value Estimation
      $9,975,000
      2,948 SF

      5212 Hillsborough St

      RETAIL STORES (PERSONAL SERVICES) • 2,948 SF
      5212 Hillsborough St, Raleigh, NC 27606-1363
      View Details
    • Value Estimation
      $855,000
      1,170 SF

      3940 Western Blvd

      STORE, RETAIL OUTLET • 1,170 SF
      3940 Western Blvd, Raleigh, NC 27606-1937
      View Details

    Similar Nearby for Sale

    • $3,500,000
      1.62 Acres

      Raleigh Development Opportunity: Kent Rd. Duo

      Prime Raleigh location, daycare, development potential.
      1201 Kent Rd, Raleigh, NC 27606
      View Details
    • $3,575,000
      16,625 SF

      Move-In Ready Multifamily Investment Opportunity

      Seven completed homes available in Raleigh, ready for immediate occupancy.
      5045 Lundy Dr, Raleigh, NC 27606
      View Details
    • $900,000
      0.49 Acres

      Prime Development Opportunity Near Fairgrounds

      Commercial land near Fairgrounds, ideal for development or investment.
      5416 Chapel Hill Rd, Raleigh, NC 27606
      View Details
    • $370,000
      1,400 SF

      Charming Townhouse with Versatile Loft

      2-bedroom, 2.5-bath townhouse with loft in Raleigh.
      4732 Altha St, Raleigh, NC 27606
      View Details
    • Contact for pricing
      15,337 SF

      Fully Leased Raleigh Office Building

      Stabilized investment opportunity near NC State University.
      4904 Waters Edge Dr, Raleigh, NC 27606
      View Details
    • $150,000

      Residential Lot in Prime Location

      Land for sale in Raleigh, utilities at street, no HOA.
      2512 Prince Dr, Raleigh, NC 27606
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      117,440 SF

      Raleigh Retail Space - 117,440 SF

      Prime Raleigh storefront, ample parking, opportunity zone.
      4500 Western Blvd, Raleigh, NC 27606
      View Details
    • $35 SF/Yr
      7,130 SF

      Retail Building Near NC State

      7,130 SF retail building near NC State's South Campus.
      3801 Western Blvd, Raleigh, NC 27606
      View Details
    • $20 SF/Yr
      44,757 SF

      Waters Edge Office Park Suites

      Executive office space in West Raleigh.
      4917 Waters Edge Dr, Raleigh, NC 27606
      View Details
    • $23 SF/Yr
      95,088 SF

      Updated Office Building in Raleigh

      Four-story office building with move-in ready suites for lease.
      5540 Centerview Dr, Raleigh, NC 27606
      View Details
    • $23 SF/Yr
      95,088 SF

      West Raleigh Executive Office Suites

      Class A Office Space, Multiple Suites Available
      5540 Centerview Dr, Raleigh, NC 27606
      View Details
    • $20 SF/Yr
      1,083 SF

      Waters Edge Office Suite Available

      Raleigh Office Space, 1,083 sq ft.
      4915 Waters Edge Dr, Raleigh, NC 27606
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2920 Jones Franklin Rd
    Raleigh, NC 27606-4023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.