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    507 Peace St Raleigh, NC 27603-1101
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    Property profile & analytics

    507 Peace St, Raleigh, NC 27603-1101

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    • Investment properties
    • 3,138 SF
    • 0.26 lot acres
    Off-Market
    Last Sale Sep 30, 2021
    $1,500,000
    Property ID
    US53-0390976
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,645,000
    Show details
    Cap Rate Potential
    2.2%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • The Pryzwansky Law Firm / Law Firm
    • Brandism / Advertising Agency / Marketing & Advertising
    • CDC Technologies / Tech Support Center / IT Consulting Firm
    • Carolina Environmental / Commercial Cleaning Service
    • CDC Carolina Electrical / Electrical Service / General Contractor

    Property Details for 507 Peace St

    Year built
    1925
    Lot size
    0.26 lot acres
    Zone code
    DX-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1704.18-42-9037 0036580
    APU
    1704184290370036580

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 2, 2024 — 507 Peace LLC — Deed · related $600k · Charles Long
    Feb 13, 2023 — 507 Peace LLC — Deed · related $1.5M · Providence Bank
    Sep 30, 2021 $1,500,000 507 Peace LLC Barthalmus Properties LLC Special Warranty Deed $1.4M · Dogwood State Bank
    May 12, 2017 — Barthalmus Properties LLC — Deed · related $460k · Southern Bk
    Apr 17, 2014 $600,000 Barthalmus Properties LLC Beacon Investment Props LLC Warranty Deed $510k · First Citizens Bk
    Aug 13, 2007 $650,000 Beacon Investment Props LLC Reeves M R Trust Quit Claim Deed · related —
    — — Barthalmus Properties LLC — Deed Of Trust · related $460k · Southern Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,860,000
      ML approach
      $1,905,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,469,000
      Market price range: $660k - $1.86M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,265,000
      Current use
      RETAIL STORES
      $1,750,000
      Change: +38% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,730,000
      Change: +37% Conversion: Difficult
      OFFICE BUILDING
      $1,035,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6462
    Latitude
    35.7884
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,583
    $853,980
    $222,800
    $1,076,780
    -
    $853,980
    $222,800
    $1,076,780
    More about this property
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