Property profile

3481 Wake Frst Rd Raleigh, NC 27609

OFF-MARKET
Commercial land
Property ID
US53-5709171
1.42 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.42 ac (61,855 SF)
Zoning code CX-7
APN 1715.10-27-7361 0477951
UPID US53-5709171

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3481 Wake Frst Rd Raleigh, NC 27609-7316
Raleigh metro Census 52701 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2020
1 recorded transaction
2020
$2.4M

Zoning & alternative use

CX-7 · Raleigh, NC
Zoning description

The CX-7 is intended to provide for a variety of residential, retail, service andcommercial uses

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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