Property profile

502 Southtown Cir Rolesville, NC 27571

OFF-MARKET
Office buildings
Property ID
US53-3936490
9,538 SF 1.18 ac lot Built 2008
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2008
Construction BRICK
Total area 9,538 SF
Lot 1.18 ac (51,401 SF)
Zoning code GC
APN 1758.07-68-4693 0434405
UPID US53-3936490

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
  • City Government Office
  • City Government Office
  • Local Government Office

Location

502 Southtown Cir Rolesville, NC 27571-9602
Rolesville metro Census 54216 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.41M
Comparable Approach Comparable
$2.01M
Blend (final) Blend
$2.03M

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Rolesville, NC
Zoning description

Commercial (GC) Zoning District shall be a maximum fifty (50) linear feet without a break by windows, doors, architectural features greater than one (1) foot in depth, or a substantial material change, unless stated else…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $3.3M +72.0%
Commercial (general) $3.2M +65.7%
Medical building $3.1M +61.8%

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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