Property profile

312 Millbrook Rd Ste 237 Raleigh, NC 27609

OFF-MARKET
Office buildings
Property ID
US53-5788737
864 SF Built 1999
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction BRICK
Total area 864 SF
Zoning code OX-3
APN 1706.10-47-6153 0253145
UPID US53-5788737

Cap rate & NOI

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

Location

312 Millbrook Rd Ste, Unit 237 Raleigh, NC 27609-4398
Raleigh metro Census 53716 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2017
4 recorded transactions
2017
$65,000
2011
$90,000
2011
$99,000
2007
$109,000

Zoning & alternative use

OX-3 · Raleigh, NC
Zoning description

The OX-3 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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