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Financial
Distress signals
Property profile

505 Blount St Raleigh, NC 27601

OFF-MARKET
Retail space
Property ID
US53-2176914
1,678 SF 0.1 ac lot Built 1962
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. 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?
$5k
Tax billed · 2023
Assessed value$461k
Assessed land$436k
Assessed improvement$25k
Effective rate1.09%

Value estimate

· Oct 2026
$410k
$369k – $451k
AI approach$410k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$393/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$198 – $672
Qualifying comparables3

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-3
The DX-3 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: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.5
Watch Repair Shop8.8
Optical Shop8.1

Location

505 Blount St Raleigh, NC 27601-1827
County assessor Recorded deeds · not on file 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
104 Hargett, Raleigh, NC 27601-1440 $2,700,000 Jan 2026 1,344 SF
Wilmington, Raleigh, NC 27601 $2,240,000 May 2025 2,715 SF
331 New Bern, Raleigh, NC 27601-1417 $95,000 May 2023 2,074 SF
912 Hargett, Raleigh, NC 27601-1634 $440,000 Apr 2023 1,558 SF
Raleigh, NC 27601-2141 $690,000 May 2022 1,708 SF
515 Blount, Raleigh, NC 27601-1827 $115,000 May 2022 1,625 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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