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    Property profile & analytics

    450 3rd St Wendell, NC 27591-9745

    • Grocery and convenience stores
    • 2,874 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jan 09, 2023
    Location Intelligence
    Property ID
    US53-1013849
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 450 3rd St

    Year built
    1946
    Construction
    FRAME
    Lot size
    0.70 lot acres
    Property size
    2,874 SF
    Zone code
    NC
    Property type
    Grocery and convenience stores
    APN
    1783.08-99-0464 0035186
    APU
    1783089904640035186

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wendell
    County
    Wake
    State
    North Carolina
    Longitude
    -78.3626
    Latitude
    35.7801
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,279
    $75,326
    $443,645
    $518,971
    -
    $75,326
    $443,645
    $518,971

    Comparable in this City

    • Value Estimation
      $340,000
      1,826 SF

      260 Goodwin Chase Ln

      CONVENIENCE STORE • 1,826 SF
      260 Goodwin Chase Ln, Wendell, NC 27591-6564
      View Details
    • Value Estimation by Request
      6,682 SF

      505 Wendell Blvd

      GROCERY, SUPERMARKET • 6,682 SF
      505 Wendell Blvd, Wendell, NC 27591-7948
      View Details
    • Value Estimation
      $270,000
      2,056 SF

      2727 Nc 97th Hwy

      GROCERY, SUPERMARKET • 2,056 SF
      2727 Nc 97th Hwy, Wendell, NC 27591-7265
      View Details
    • Value Estimation
      $2,610,000
      2,520 SF

      2901 Wendell Blvd

      GROCERY, SUPERMARKET • 2,520 SF
      2901 Wendell Blvd, Wendell, NC 27591-7270
      View Details
    • Value Estimation
      $380,000
      3,026 SF

      1726 Marshburn Rd

      GROCERY, SUPERMARKET • 3,026 SF
      1726 Marshburn Rd, Wendell, NC 27591-9356
      View Details
    • Value Estimation by Request
      48,976 SF

      2257 Wendell Fls Pkwy

      GROCERY, SUPERMARKET • 48,976 SF
      2257 Wendell Fls Pkwy, Wendell, NC 27591-6755
      View Details

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    Similar Nearby for Lease

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      Retail Property in Wendell, NC

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      Wendell, NC Commercial Land Opportunity

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    • $10 SF/Yr
      106,000 SF

      Wendell Industrial Space Available

      106,000 SF Manufacturing/R&D Space in NC
      951 Wendell Blvd, Wendell, NC 27591
      View Details
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    Wendell, NC 27591-9745
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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