Property profile

4512 Fls Of Neuse Rd Raleigh, NC 27609

OFF-MARKET
Turn key restaurants
Property ID
US53-0574126
8,473 SF 1.34 ac lot Built 1994
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Construction CONCRETE BLOCKS
Total area 8,473 SF
Lot 1.34 ac (58,370 SF)
Zoning code CX-5
APN 1716.18-42-7095 0199390
UPID US53-0574126

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
  • Courier Service Postal Service
  • Restaurant

Location

4512 Fls Of Neuse Rd Raleigh, NC 27609-6204
Raleigh metro Census 52701 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$559k
Blend (final) Blend
$525k

Owner & transaction history

since 2004
6 recorded transactions
2020
Price N/A
2004
$903,000
2003
$1.2M
2003
$1.2M
1969
Price N/A
1969
Price N/A

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

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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