Property profile

501 6th Frks Rd Raleigh, NC 27609

OFF-MARKET
Turn key restaurants
Property ID
US53-1305792
5,255 SF 1.2 ac lot Built 1996
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Construction BRICK
Total area 5,255 SF
Lot 1.2 ac (52,272 SF)
Zoning code CX-3
APN 1715.13-13-6587 0214338
UPID US53-1305792

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

501 6th Frks Rd Raleigh, NC 27609-7889
Raleigh metro Census 52701 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.33M

Owner & transaction history

since 2019
Last sale
$4.8M
5 recorded transactions
2019
Price N/A
2019
$3.1M
2019
Price N/A
2016
Price N/A
2016
Price N/A

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

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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