Financial
Distress signals
Property profile

4120 New Bern Ave Raleigh, NC 27610

OFF-MARKET
Auto shops
Property ID
US53-0908353
13,950 SF 10 ac lot Built 1992
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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

What does the county charge?
Assessed value · 2023$3.64M
Assessed land$2.04M
Assessed improvement$1.60M

Value estimate

· Sep 2026
$1.06M
$950k – $1.16M
AI approach$640k
Submarket $/SF estimate$1.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$295/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$155 – $441

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?
IH
Heavy Industrial (IH) The IH District is intended to accommodate high-impact manufacturing, industrial or other uses, including extractiv...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.1
HVAC Service12.1
Dental Office11.2

Location

4120 New Bern Ave Raleigh, NC 27610-1329
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1409 Cross, Raleigh, NC 27610-2517 $55,000 Feb 2025 2,560 SF
1060 Corporation, Raleigh, NC 27610-1399 $1,350,000 Dec 2022 8,400 SF
1245 New Bern, Raleigh, NC 27610-2529 $300,000 Jul 2019 7,800 SF
1819 Poole, Raleigh, NC 27610-2721 $113,500 Jan 2019 22,800 SF
310 Kennedy, Raleigh, NC 27610-2713 $30,900 Oct 2018 6,862 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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