Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3411 Hillsborough St Raleigh, NC 27607-5406

    • Grocery and convenience stores
    • 1,760 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $1,065,000
    Last Sale
    Apr 30, 2020
    $871,000
    Location Intelligence
    Property ID
    US53-1336899
    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

    • Wolf star Smoker And Vape drive-through and walk in / Tobacco Shop / Convenience Store

    Property Details for 3411 Hillsborough St

    Year built
    1987
    Construction
    STONE
    Lot size
    0.32 lot acres
    Property size
    1,760 SF
    Zone code
    NX-5
    Property type
    Grocery and convenience stores
    APN
    0794.14-33-9499 0111301
    APU
    794143394990111301

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,140,000

    • CAP approach

      CAP return
      Estimation
      6%
      $975,000
      6.5%
      $865,000
      7%
      $975,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $785,000
      Geo Method
      $910,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $995,000
      Retail
      $825,000
      Mixed-Use
      $900,000
      Hospitality
      $1,030,000
      Educational
      $1,000,000
      Residential Income
      $885,000
      Energy
      $925,000
      Income-Based Land
      $940,000
      Food Service
      $880,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.683
    Latitude
    35.7924
    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
    $8,111
    $627,255
    $26,846
    $654,101
    -
    $627,255
    $26,846
    $654,101

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      3611 Hillsborough St

      GROCERY, SUPERMARKET • 1,440 SF
      3611 Hillsborough St, Raleigh, NC 27607-5408
      View Details
    • Value Estimation by Request
      6,284 SF

      600 Corporate Ctr Dr

      GROCERY, SUPERMARKET • 6,284 SF
      600 Corporate Ctr Dr, Raleigh, NC 27607-5489
      View Details
    • Value Estimation by Request
      1,159 SF

      3600 Lk Boone Trl

      GROCERY, SUPERMARKET • 1,159 SF
      3600 Lk Boone Trl, Raleigh, NC 27607-3040
      View Details
    • Value Estimation by Request
      2,338 SF

      1200 Edwards Ml Rd

      GROCERY, SUPERMARKET • 2,338 SF
      1200 Edwards Ml Rd, Raleigh, NC 27607-3880
      View Details
    • Value Estimation by Request
      704 SF

      3616 Hillsborough St

      GROCERY, SUPERMARKET • 704 SF
      3616 Hillsborough St, Raleigh, NC 27607
      View Details
    • Value Estimation by Request
      6,052 SF

      2420 Hillsborough St

      STORE, RETAIL OUTLET • 6,052 SF
      2420 Hillsborough St, Raleigh, NC 27607-7248
      View Details

    Similar Nearby for Sale

    • $850,000
      1,961 SF

      Raleigh Retail Investment Opportunity

      High-traffic retail space near NC State.
      2 Dixie Trl, Raleigh, NC 27607
      View Details
    • $2,750,000
      7,800 SF

      Hillsborough Street Restaurant - Raleigh

      Prime Raleigh restaurant space, vacant, 7,800 sq ft.
      2510 Hillsborough St, Raleigh, NC 27607
      View Details
    • $370,000
      1,990 SF

      Charming Townhome Near PNC Arena

      Beautifully appointed four-bedroom townhome near PNC Arena and NC State.
      1031 Lake Moraine Pl, Raleigh, NC 27607
      View Details
    • $7,250,000
      30,613 SF

      Leased Office Building Investment Opportunity

      97% leased office building with long-term tenants and stable income.
      6300-6310 Chapel Hill Rd, Raleigh, NC 27607
      View Details
    • Contact for pricing

      Raleigh Office Space For Sale

      Office space for sale in Raleigh's Tanager Center.
      6003 Chapel Hill Rd, Raleigh, NC 27607
      View Details
    • $925,000

      Land Opportunity with Custom Build

      Land available for custom pre-sale in Raleigh, North Carolina.
      2112 Saint James Rd, Raleigh, NC 27607
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,121 SF

      Retail Space in West Raleigh

      Prime ground floor retail space in the heart of West Raleigh.
      5435 Wade Park Blvd, Raleigh, NC 27607
      View Details
    • $29 SF/Yr
      62,000 SF

      Arena Centre Executive Suites

      Raleigh, NC Class A Office Space Available
      1511 Sunday Dr, Raleigh, NC 27607
      View Details
    • $18 SF/Yr
      6,375 SF

      Raleigh Executive Office Suite

      Prime Raleigh location, 6,375 sq ft.
      1101 Nowell Rd, Raleigh, NC 27607
      View Details
    • $20 SF/Yr
      31,540 SF

      Raleigh Medical Office Space for Lease

      Prime Raleigh medical office, 2,251 sq ft available.
      3633 Harden Rd, Raleigh, NC 27607
      View Details
    • $9 SF/Yr
      54,250 SF

      Prime Executive Office Space

      Historic Warehouse, Walkable Location
      3701 Neil St, Raleigh, NC 27607
      View Details
    • $39 SF/Yr
      30,288 SF

      Raleigh Office Space For Lease

      Second-floor office space available in a multi-tenant building.
      2413 Blue Ridge Rd, Raleigh, NC 27607
      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.
    3411 Hillsborough St
    Raleigh, NC 27607-5406
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.