Property profile

3424 Capital Blvd Raleigh, NC 27604

OFF-MARKET
Turn key restaurants
Property ID
US53-5784538
14,249 SF 3.67 ac lot Built 2011
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2011
Construction FRAME
Total area 14,249 SF
Lot 3.67 ac (159,865 SF)
Zoning code IX-3
APN 1725.10-36-1191 0018146
UPID US53-5784538

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 Buffet

Location

3424 Capital Blvd Raleigh, NC 27604-3324
Raleigh metro Census 52707 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.61M
Blend (final) Blend
$2.93M

Owner & transaction history

since 2021
Last sale
$2.4M
5 recorded transactions
2021
$2.4M
2011
$4.2M
2010
$1.4M
2006
$930,000
1969
Price N/A

Zoning & alternative use

IX-3 · Raleigh, NC
Zoning description

The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities

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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