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Property profile & analytics
OFF-MARKET
Specialty properties

508 Cedar Ave Wake Forest, NC 27587

3.93 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US53-2022140
Property profile
Verified
Property type Specialty properties
Use group SBE - SPECIAL ASSESSMENTS
Lot 3.93 ac (171,191 SF)
Zoning code GR3
APN 1841.10-35-7526 0104791
UPID US53-2022140
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
DUKE ENERGY PROGRESS INC
DUKE ENERGY PROGRESS INC
Zoning & alternative use
GR3 · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

for Franklin County parcels. If the property is in a General Residential zone (GR3, GR5, GR10), the minimum setback for an accessory structure is 5 feet from the side property line and 10 feet from the rear. For other zones, refer to the tables in the following link UDO 2.2 District Provisions . For more specific information, contact a planner at 919-435-951…

Zone name General Residential 3
General category RESIDENTIAL
Zone area 2,251.49 ac
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