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Financial
Distress signals
Property profile

501 Hillsborough St Raleigh, NC 27603

OFF-MARKET
Retail space
Property ID
US53-5791225
6,588 SF 1.12 ac lot Built 1954
Last sale Aug 2022 · $1,817,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$69k
Tax billed · 2023
Assessed value$7.11M
Assessed land$6.34M
Assessed improvement$770k
Effective rate0.97%

Value estimate

· Oct 2026
$2.48M
$2.23M – $2.73M
AI approach$2.42M
Submarket $/SF estimate$2.19M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$557/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$198 – $768
Qualifying comparables5

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?
DX-12
The DX-12 is intended to provide for intense mixed use development of the Citysdowntown area
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop9.0
Breakfast8.5
Nursing Home8.4

Location

501 Hillsborough St Raleigh, NC 27603
County assessor Recorded deeds · 3 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1100 Saunders, Raleigh, NC 27603-2204 $699,600 Sep 2022 6,984 SF
104 Glenwood, Raleigh, NC 27603-1704 $2,626,001 Aug 2022 5,025 SF
1408 Garner Sta, Raleigh, NC 27603-3600 $2,000,000 Jul 2022 6,400 SF
518 Jones, Raleigh, NC 27603-1429 $4,200,000 Jul 2022 8,983 SF
110 Glenwood, Raleigh, NC 27603-1704 $2,400,000 Jun 2022 4,140 SF
2522 Wilmington, Raleigh, NC 27603-2548 $1,133,000 May 2022 5,530 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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