Technical
Financial
Distress signals
Property profile

328 Davie St Raleigh, NC 27601

OFF-MARKET
Turn key restaurants
Property ID
US53-1962041
7,656 SF 0.25 ac lot Built 1936
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1936
Construction BRICK
Total area 7,656 SF
Lot 0.25 ac (10,890 SF)
Zoning code DX-5
APN 1703.33-57-3589 0061670
UPID US53-1962041

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
  • Loan Service Bank
  • Restaurant

Location

328 Davie St Raleigh, NC 27601-1746
Raleigh metro Census 50100 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
$781k
Blend (final) Blend
$630k

Owner & transaction history

5 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DX-5 · Raleigh, NC
Zoning description

The DX-5 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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