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    Property profile & analytics

    325 Roosevelt Ave Wake Forest, NC 27587-2756

    • Grocery and convenience stores
    • 1,550 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US53-5799648
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Citgo / Gas Station
    • Taqueria Dominguez / Mexican Restaurant
    • Taqueria Ixmiquilpan Mexican Food / Restaurant
    • Mary mart / Gas Station / Convenience Store
    • ATM / Atm

    Property Details for 325 Roosevelt Ave

    Year built
    1960
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    1,550 SF
    Zone code
    UMX
    Property type
    Grocery and convenience stores
    APN
    1841.19-51-8400 0047254
    APU
    1841195184000047254

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5072
    Latitude
    35.9784
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,689
    $97,698
    $262,410
    $360,108
    -
    $97,698
    $262,410
    $360,108

    Comparable in this City

    • Value Estimation by Request
      35,981 SF

      1120 Main St

      GROCERY, SUPERMARKET • 35,981 SF
      1120 Main St, Wake Forest, NC 27587-9280
      View Details
    • Value Estimation by Request
      3,730 SF

      13960 Capital Blvd

      CONVENIENCE STORE • 3,730 SF
      13960 Capital Blvd, Wake Forest, NC 27587-6613
      View Details
    • Value Estimation
      $470,000
      1,200 SF

      12305 Capital Blvd

      GROCERY, SUPERMARKET • 1,200 SF
      12305 Capital Blvd, Wake Forest, NC 27587-7485
      View Details
    • Value Estimation by Request
      4,862 SF

      1012 Holding Vlg Way

      GROCERY, SUPERMARKET • 4,862 SF
      1012 Holding Vlg Way, Wake Forest, NC 27587
      View Details
    • Value Estimation by Request
      3,526 SF

      919 Durham Rd

      GROCERY, SUPERMARKET • 3,526 SF
      919 Durham Rd, Wake Forest, NC 27587-8794
      View Details
    • Value Estimation
      $265,000
      2,537 SF

      103 White St

      GROCERY, SUPERMARKET • 2,537 SF
      103 White St, Wake Forest, NC 27587-2645
      View Details

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    Property Visit Statistics

    • Visits by month
      3.1k
    • Visitors by month
      2.2k
    • Avg Time on site
      15 min
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    325 Roosevelt Ave
    Wake Forest, NC 27587-2756
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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