Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

428 Mcdowell St Raleigh, NC 27601

OFF-MARKET
Retail space
Property ID
US53-1814157
4,000 SF 0.09 ac lot Built 1915
Last sale Aug 2018 · $1,052,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. 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?
$14k
Tax billed · 2023
Assessed value$1.19M
Assessed land$785k
Assessed improvement$410k
Effective rate1.17%

Value estimate

· Oct 2026
$1.08M
$968k – $1.18M
CAP approach$1.03M
Submarket $/SF estimate$812k

Realmo valuation models over county records and 6 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 comparables6

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?
DX-20
The DX-20 is intended to provide for intense mixed use development of the Citysdowntown area
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store15.8
Building Supply13.7
Wholesale Shop13.3

Location

428 Mcdowell St Raleigh, NC 27601-1727
County assessor Recorded deeds · 5 transfers 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Wilmington, Raleigh, NC 27601 $2,240,000 May 2025 2,715 SF
225 Wilmington, Raleigh, NC 27601-1433 $4,050,000 Oct 2024 7,500 SF
216 Wilmington, Raleigh, NC 27601-1434 $20,750 Mar 2024 3,076 SF
220 Davie, Raleigh, NC 27601-1737 $70,000 Mar 2022 4,756 SF
Raleigh, NC 27601-2369 $1,190,800 Oct 2021 3,045 SF
605 New Bern, Raleigh, NC 27601-1513 $50,000 Jul 2021 3,011 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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