Property profile

4516 Fls Of Neuse Rd Raleigh, NC 27609

OFF-MARKET
Turn key restaurants
Property ID
US53-0389789
7,197 SF 1.77 ac lot Built 1993
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,197 SF
Lot 1.77 ac (77,101 SF)
Zoning code CX-5
APN 1716.18-42-6274 0199389
UPID US53-0389789

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

4516 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
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2015
7 recorded transactions
2022
Price N/A
2017
Price N/A
2015
Price N/A
2005
$1.5M
2002
$1.5M
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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