Property profile

4150 Fayetteville Rd Raleigh, NC 27603

OFF-MARKET
Drive through restaurants
Property ID
US53-0092966
3,036 SF 0.78 ac lot Built 1994
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,200 square foot retail space is ideally situated at 4150 Fayetteville Road in Raleigh, North Carolina, within Wake County. The property boasts a single-tenant occupancy, offering a blank canvas for a discerning business owner. The entire 3,200 square feet is currently vacant, presenting a unique opportunity for immediate occupancy and customization. The generous 0.78-acre lot provides ample space for potential expansion or outdoor amenities. The property's location in Raleigh offers excellent visibility and accessibility, making it an attractive proposition for a wide range of retail businesses. Its convenient location within Wake County ensures easy access to a substantial customer base. The property type is classified as commercial retail, suitable for various retail ventures. The address is 4150 Fayetteville Road, Raleigh, NC 27603. This is a single-tenant property, providing a streamlined and efficient operational environment. The property's size and location make it an excellent investment opportunity for those seeking a high-visibility retail space in a thriving North Carolina market. The property is ready for immediate occupancy, allowing for a swift and seamless transition for new tenants. This prime retail location offers significant potential for growth and success.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1994
Construction CONCRETE BLOCKS
Total area 3,036 SF
Lot 0.78 ac (33,977 SF)
Zoning code CMX
APN 1701.06-38-0550 0211656
UPID US53-0092966

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

4150 Fayetteville Rd Raleigh, NC 27603-3606
Raleigh metro Census 53009 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.72M
Blend (final) Blend
$2.49M

Owner & transaction history

since 2022
Last sale
$2.2M
7 recorded transactions
2022
Price N/A
2022
$2.2M
2017
$2.1M
2006
$1.7M
2001
$835,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CMX · Raleigh, NC
Top alternative use upside
Retail stores $1.7M +2.5%
Neighborhood: shopping center $1.7M +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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