Property profile

3215 Wake Frst Rd Raleigh, NC 27609

OFF-MARKET
Turn key restaurants
Property ID
US53-0064768
4,792 SF 0.96 ac lot Built 1984
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Construction BRICK
Total area 4,792 SF
Lot 0.96 ac (41,818 SF)
Zoning code CX-3
APN 1715.09-26-3155 0126421
UPID US53-0064768

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
  • Restaurant
  • Restaurant
  • Restaurant
  • Restaurant Take-out & Catering

Location

3215 Wake Frst Rd Raleigh, NC 27609-7446
Raleigh metro Census 52701 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2006
2 recorded transactions
2006
$2.0M
2004
Price N/A

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

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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