Technical
Financial
Distress signals
Property profile

3801 Mitchell Ml Rd Raleigh, NC 27616

OFF-MARKET
Day care centers
Property ID
US53-1021039
4,469 SF 2.85 ac lot Built 1988
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1988
Construction FRAME
Total area 4,469 SF
Lot 2.85 ac (124,146 SF)
Zoning code R-4
APN 1747.01-37-1690 0120766
UPID US53-1021039

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
  • High School Daycare Center
  • Daycare Center

Location

3801 Mitchell Ml Rd Raleigh, NC 27616-8566
Raleigh metro Census 54218 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.13M

Owner & transaction history

since 2023
Last sale
$1.2M
5 recorded transactions
2023
Price N/A
2023
$1.2M
2023
Price N/A
2022
Price N/A
2022
Price N/A

Zoning & alternative use

R-4 · Raleigh, NC
Zoning description

R-4, 60 feet in R-6 and 50 feet in R-10. F. Density, Lot Area per Dwelling Unit, and Site Area per Dwelling Unit Residential density, where applicable, is expressed in units per acre and is calculated by dividing the tot…

General category RESIDENTIAL
Top alternative use upside
Retail stores $1.8M +41.2%
Commercial (general) $1.5M +16.5%
Medical building $1.4M +13.3%

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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