Technical
Financial
Distress signals
Property profile

3201 Hillsborough St Raleigh, NC 27607

OFF-MARKET
Retail space
Property ID
US53-5673811
2,088 SF 0.18 ac lot Built 1966
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction BRICK
Total area 2,088 SF
Lot 0.18 ac (7,841 SF)
Zoning code NX-3
APN 0794.15-52-1607 0044621
UPID US53-5673811

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

Location

3201 Hillsborough St Raleigh, NC 27607-5438
Raleigh metro Census 51400 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2007
2 recorded transactions
2007
$225,000
2007
Price N/A

Zoning & alternative use

NX-3 · Raleigh, NC
Zoning description

The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

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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