Property profile

3830 Blue Rdg Rd Raleigh, NC 27612

OFF-MARKET
Assisted living facilities
Property ID
US53-0247507
24,006 SF 6.02 ac lot Built 1987
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1987
Construction FRAME
Total area 24,006 SF
Lot 6.02 ac (262,231 SF)
Zoning code R-6
APN 0795.06-47-5963 0001130
UPID US53-0247507

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
  • Rehabilitation Center Nursing Home
  • Physician
  • Medical Clinic
  • Medical Clinic
  • Physician

Location

3830 Blue Rdg Rd Raleigh, NC 27612-4319
Raleigh metro Census 52504 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2015
$15.5M
2014
$10.5M
1969
Price N/A

Zoning & alternative use

R-6 · Raleigh, NC
Zoning description

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 total number of dwe…

General category RESIDENTIAL
Top alternative use upside
Warehouse, storage $1.4M +110.6%

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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