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Financial
Distress signals
Property profile

4802 New Bern Ave Raleigh, NC 27610

OFF-MARKET
Auto shops
Property ID
US53-2178883
11,061 SF 3.47 ac lot Built 1972
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 4.42-acre parcel of land located on New Bern Avenue in Raleigh, North Carolina, with direct access to I-440. It is positioned with prominent exposure to traffic along New Bern Avenue and provides potential for use consistent with a flexible, divisible site configuration, including the option for an individual 0.95-acre lot.

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?
$27k
Tax billed · 2023
Assessed value$2.44M
Assessed land$1.59M
Assessed improvement$852k
Effective rate1.09%

Value estimate

· Oct 2026
$845k
$761k – $930k
AI approach$600k
Submarket $/SF estimate$1.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$295/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$155 – $441

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?
IX-3
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.6
Dental Office20.6
Realty agency18.2

Location

4802 New Bern Ave Raleigh, NC 27610-1436
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1409 Cross, Raleigh, NC 27610-2517 $55,000 Feb 2025 2,560 SF
1060 Corporation, Raleigh, NC 27610-1399 $1,350,000 Dec 2022 8,400 SF
1402 Garner, Raleigh, NC 27610-3916 $2,500 Aug 2022 1,806 SF
1245 New Bern, Raleigh, NC 27610-2529 $300,000 Jul 2019 7,800 SF
1819 Poole, Raleigh, NC 27610-2721 $113,500 Jan 2019 22,800 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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