Realmo Analytics

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

Property profile

4917 Waters Edge Dr Raleigh, NC 27606

FOR SALE
Office buildings
Property ID
US53-1820906
37,504 SF 3.54 ac lot Built 1982
Last sale Aug 2018 · $3,825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Office space is located in Waters Edge Office Park in Raleigh, at the intersection of Jones Franklin Road and I-440, with convenient access to I-40. The property sits near local amenities, including Cary Crossroads.

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?
$43k
Tax billed · 2023
Assessed value$3.97M
Assessed land$1.37M
Assessed improvement$2.60M
Effective rate1.09%

Value estimate

· Oct 2026
$4.32M
$3.89M – $4.75M
Submarket $/SF estimate$5.31M
NOI build-up
Gross scheduled income$702k
Vacancy & credit loss−$118k
Operating expenses−$146k
NOI · 9.32% cap applied$438k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$195/SF
Submarket average, outlier-cleaned · 533 recorded sales of this use type
Observed band · Q1–Q3$142 – $259
Qualifying comparables4

Cap rate analysis

How does the asset earn?
9.32%
$438k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OX-3
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service rela...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.8
Hair Salon17.2
Spa & Massage17.1

Location

4917 Waters Edge Dr Raleigh, NC 27606
County assessor Recorded deeds · 4 transfers 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5520 Capital Ctr, Raleigh, NC 27606-3359 $9,378,000 Dec 2024 34,788 SF
4900 Waters Edge, Raleigh, NC 27606-2463 $3,100,000 Apr 2024 20,832 SF
1100 Situs, Raleigh, NC 27606-5446 $7,084,600 Jun 2022 40,770 SF
1130 Situs, Raleigh, NC 27606-3391 $9,994,500 Jun 2022 58,000 SF
1121 Situs, Raleigh, NC 27606-4165 $10,698,300 Jun 2022 60,763 SF
4807 Beryl Rd, Raleigh, NC 27606-1406 $15,160,000 Oct 2021 25,720 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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