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Property profile & analytics
OFF-MARKET Estimated value $550,000
Specialty properties

405 Main St Wake Forest, NC 27587-2909

12,340 SF 1.63 ac lot Built 1933
Entity Owned 10-yr Hold Free & Clear
Property ID
US53-0812902
Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1933
Total area 12,340 SF
Lot 1.63 ac (71,003 SF)
Zoning code GR3
APN 1841.18-40-2482 0016606
UPID US53-0812902
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bright Funeral Home & Cremation Center Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$585k
Blend (final) Blend
$550k
Owner & transaction history
Carriage Funeral Holdings INC · 10 yrs held
Carriage Funeral Holdings INC
since 2015
1 recorded transaction
2015
$2.0M
Zoning & alternative use
GR3 · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

for Franklin County parcels. If the property is in a General Residential zone (GR3, GR5, GR10), the minimum setback for an accessory structure is 5 feet from the side property line and 10 feet from the rear. For other zones, refer to the tables in the following link UDO 2.2 District Provisions . For more specific information, contact a planner at 919-435-951…

Zone name General Residential 3
General category RESIDENTIAL
Zone area 2,251.49 ac
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