Property profile

3600 Hillsborough St Raleigh, NC 27607

OFF-MARKET
Drive through restaurants
Property ID
US53-0951417
1,302 SF 0.23 ac lot Built 1963
Individually Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,302 SF
Lot 0.23 ac (10,019 SF)
Zoning code NX-3
APN 0794.14-33-8824 0023587
UPID US53-0951417

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 Take-out & Catering

Location

3600 Hillsborough St Raleigh, NC 27607-5409
Raleigh metro Census 51400 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2009
2 recorded transactions
2009
Price N/A
2001
Price N/A

Zoning & alternative use

NX-3 · Raleigh, NC
Zoning description

The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

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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