Property profile

2940 Falstaff Rd Raleigh, NC 27610

OFF-MARKET
Golf courses & driving ranges
Property ID
US53-1411423
6,000 SF 0.54 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Golf courses & driving ranges
Use group COUNTRY CLUB
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,000 SF
Lot 0.54 ac (23,522 SF)
Zoning code OX-5
APN 1723.05-29-1499 0132320
UPID US53-1411423

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
  • Corporate Office
  • Business Management Consultant
  • High School
  • Hardware & Home Improvement Interior Design

Location

2940 Falstaff Rd Raleigh, NC 27610-1840
Raleigh metro Census 52001 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2019
4 recorded transactions
2019
$1.2M
2017
$878,000
2004
$529,000
1969
Price N/A

Zoning & alternative use

OX-5 · Raleigh, NC
Zoning description

The OX-5 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options

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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