Financial
Distress signals
Property profile

3908 Memo Ct Raleigh, NC 27610

OFF-MARKET
Other warehouses
Property ID
US53-2165555
5,320 SF 0.73 ac lot Built 1998
Last sale May 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a specialty commercial space located at 3908 Memo Court in Raleigh, North Carolina. It is classified under specialty property types and is configured for commercial use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$395k
Assessed land$135k
Assessed improvement$260k
Effective rate1.09%

Value estimate

· Oct 2026
$475k
$428k – $523k
AI approach$475k
CAP approach$635k
Submarket $/SF estimate$772k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$214/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$145 – $308
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IX-3
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.3
Skin Care Clinic10.1
Law Firm9.8

Location

3908 Memo Ct Raleigh, NC 27610-1375
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2310 Garner, Raleigh, NC 27610-4612 $10,250,000 Apr 2024 4,928 SF
1108 New Hope, Raleigh, NC 27610-1416 $2,250,000 Mar 2024 8,124 SF
2126 Garner, Raleigh, NC 27610-4608 $1,600,000 Aug 2022 8,210 SF
1021 Corporation, Raleigh, NC 27610-0128 $1,100,000 Dec 2021 6,604 SF
5411 Old Poole, Raleigh, NC 27610-3153 $1,250,000 Oct 2021 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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