Property profile

3812 Western Blvd Raleigh, NC 27606

OFF-MARKET
Turn key restaurants
Property ID
US53-1875689
6,795 SF 0.86 ac lot Built 2017
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2017
Construction FRAME
Total area 6,795 SF
Lot 0.86 ac (37,462 SF)
Zoning code NX-3
APN 0794.17-20-1921 0045454
UPID US53-1875689

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

Location

3812 Western Blvd Raleigh, NC 27606-1935
Raleigh metro Census 51101 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$775k
Blend (final) Blend
$620k

Owner & transaction history

since 2016
4 recorded transactions
2017
Price N/A
2016
Price N/A
2016
Price N/A
2015
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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