Technical
Financial
Distress signals
Property profile

4114 New Bern Ave Raleigh, NC 27610

OFF-MARKET
Retail space
Property ID
US53-0678972
1,215 SF 1.25 ac lot Built 1969
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction CONCRETE BLOCKS
Total area 1,215 SF
Lot 1.25 ac (54,450 SF)
Zoning code CX-3
APN 1724.12-85-4605 0014031
UPID US53-0678972

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
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Car Dealership
  • Car Dealership

Location

4114 New Bern Ave Raleigh, NC 27610-1329
Raleigh metro Census 54106 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2010
3 recorded transactions
2010
$335,000
2010
$194,000
2001
$250,000

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

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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