Property profile

4050 Mitchell Ml Rd Raleigh, NC 27616

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US53-2814825
8,270 SF 1.58 ac Built 2014
Last sale Dec 2011·$215,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$1.66M
Assessed land$310k
Assessed improvement$1.35M
Effective rate1.09%

Value estimate

· Nov 2026
$1.74M
$1.56M – $1.91M
CAP approach$2.26M
Submarket $/SF estimate$1.07M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$393/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$198 – $672
Qualifying comparables12

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?
NX-3
The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residenti...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.0
Building Supply25.6
Restaurant24.1

Location

4050 Mitchell Ml Rd Raleigh, NC 27616-8732
County assessor Recorded deeds · 8 transfers 12 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7129 Cheviot Hls, Raleigh, NC 27616-5874 $4,500,000 Dec 2025 6,860 SF
4801 Leigh, Raleigh, NC 27616-2884 $2,300,000 Feb 2025 8,100 SF
5613 Capital Blvd, Raleigh, NC 27616-2933 $18,790,000 Mar 2024 10,224 SF
5420 Capital, Raleigh, NC 27616 $15,600,000 Mar 2024 6,655 SF
5501 Capital, Raleigh, NC 27616-1970 $11,900,000 Oct 2022 12,955 SF
7513 Ramble, Raleigh, NC 27616-4304 $3,539,000 Feb 2021 6,471 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 4050 Mitchell Ml Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved