Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    330 Hargett St Raleigh, NC 27601-1318
    Back to Search
    Property profile & analytics

    330 Hargett St Raleigh, NC 27601-1318

    View on Map
    • Bars & Pubs
    • 5,613 SF
    • 0.24 lot acres
    Off-Market
    Last Sale Nov 24, 2020
    $350,000
    Property ID
    US53-0873694
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Breedwell Blacklight Cyber Harness - Neon Orange / Department Store
    • The Car Park / Parking Lot & Garage
    • Titan Zipper Short / Department Store
    • Vaux VX4 Face Mask / Department Store
    • Legends Nightclub / Nightclub

    Property Details for 330 Hargett St

    Year built
    1958
    Construction
    BRICK
    Lot size
    0.24 lot acres
    Property size
    5,613 SF
    Zone code
    DX-40
    Property type
    Bars & Pubs
    APN
    1703.33-58-3553 0077129
    APU
    1703335835530077129

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6448
    Latitude
    35.7787
    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
    $22,168
    $1,562,873
    $364,819
    $1,927,692
    -
    $1,562,873
    $364,819
    $1,927,692

    Comparable in this City

    • Value Estimation
      $1,050,000
      2,211 SF

      317 Morgan St, Unit 117

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,211 SF
      317 Morgan St, Raleigh, NC 27601-1567
      View Details
    • Value Estimation
      $790,000
      11,799 SF

      14 Martin St

      NIGHTCLUB (COCKTAIL LOUNGE) • 11,799 SF
      14 Martin St, Raleigh, NC 27601-1320
      View Details
    • Value Estimation
      $845,000
      1,749 SF

      201 Blount St

      RESTAURANT • 1,749 SF
      201 Blount St, Raleigh, NC 27601
      View Details
    • Value Estimation
      $1,360,000
      3,454 SF

      112 Fayetteville Str

      RESTAURANT • 3,454 SF
      112 Fayetteville Str, Raleigh, NC 27601-1367
      View Details
    • Value Estimation by Request
      5,625 SF

      502 Lenoir St

      RESTAURANT • 5,625 SF
      502 Lenoir St, Raleigh, NC 27601-2132
      View Details
    • Value Estimation
      $630,000
      7,656 SF

      328 Davie St

      RESTAURANT • 7,656 SF
      328 Davie St, Raleigh, NC 27601-1746
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      224 S Dawson St, Raleigh, NC 27601

      Mixed-use properties • 28,748 SF
      224 S Dawson St, Raleigh, NC 27601
      View Details
    • Contact for pricing
      1,160 SF

      Redone Commercial Building in Raleigh

      Versatile commercial building in a dynamic mixed-use neighborhood.
      201 Bragg St, Raleigh, NC 27601
      View Details
    • Contact for pricing

      Raleigh Warehouse District Redevelopment Land

      0.61-acre assemblage suitable for multifamily or restaurant/bar development.
      518 W South St, Raleigh, NC 27601
      View Details
    • Contact for pricing

      Historic Downtown Raleigh Retail Opportunity

      Prime downtown location, historic building, vibrant nightlife, high walk score.
      400 Fayetteville St, Raleigh, NC 27601
      View Details
    • Contact for pricing
      2,025 SF

      Downtown Raleigh Commercial Building

      2,025 SF commercial building near Downtown Raleigh for sale.
      405 Morson St, Raleigh, NC 27601
      View Details
    • Contact for pricing

      Downtown Raleigh Development Opportunity

      Prime commercial land for development in downtown Raleigh.
      306 E Hargett St, Raleigh, NC 27601
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      900 SF

      Downtown Restaurant Space For Rent

      Restaurant space available in downtown Raleigh's City Plaza.
      442 Fayetteville St, Raleigh, NC 27601
      View Details
    • Contact for pricing
      2,430 SF

      Downtown Raleigh Retail Space

      Retail space in the heart of Downtown Raleigh.
      308 South Blount St, Raleigh, NC 27601
      View Details
    • Contact for pricing
      11,753 SF

      Warehouse District Retail Space

      Renovated retail space in vibrant Warehouse District location.
      307-313 West Martin St, Raleigh, NC 27601
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Raleigh, North Carolina.
      400 Fayetteville St, Raleigh, NC 27601
      View Details
    • $28 SF/Yr

      Retail Space for Lease

      Retail space available for lease in Raleigh, North Carolina.
      2223 Avent Ferry Rd, Raleigh, NC 27601
      View Details
    • Contact for pricing
      5,689 SF

      Downtown Raleigh Retail Opportunity

      Prime downtown location with high visibility and pedestrian traffic.
      313 West Hargett St, Raleigh, NC 27601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    330 Hargett St
    Raleigh, NC 27601-1318
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    330 Hargett St, Raleigh, NC, 27601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!