Property profile

4122 Lk Boone Trl Raleigh, NC 27607

OFF-MARKET
Turn key restaurants
Property ID
US53-3834190
4,488 SF 0.74 ac lot Built 2021
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2021
Construction BRICK
Total area 4,488 SF
Lot 0.74 ac (32,234 SF)
Zoning code CX-5
APN 0785.20-92-0043 0434936
UPID US53-3834190

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
  • Restaurant

Location

4122 Lk Boone Trl Raleigh, NC 27607
Raleigh metro Census 52504 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.88M
Blend (final) Blend
$4.28M

Owner & transaction history

since 2021
Last sale
$3.5M
1 recorded transaction
2021
$3.5M

Zoning & alternative use

CX-5 · Raleigh, NC
Zoning description

ility Sec. 3.3.1. Applicability Each Mixed Use District must include one of the following height designations. The designation establishes the maximum height in stories and feet for each mixed use district. For example,…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $2.5M +1.3%

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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