Technical
Financial
Distress signals
Property profile

317 Morgan St 117 Raleigh, NC 27601

OFF-MARKET
Bars & Pubs
Property ID
US53-1010278
2,211 SF Built 2005
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 2005
Total area 2,211 SF
Zoning code DX-12
APN 1703.25-58-5891 0400624
UPID US53-1010278

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
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Law Firm
  • Publishing House
  • Car Dealership Shipping Company

Location

317 Morgan St, Unit 117 Raleigh, NC 27601-1567
Raleigh metro Census 50100 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.17M

Owner & transaction history

since 2021
Last sale
$940,000
2 recorded transactions
2021
$940,000
2005
$273,000

Zoning & alternative use

DX-12 · Raleigh, NC
Zoning description

The DX-12 is intended to provide for intense mixed use development of the Citysdowntown area

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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