Property profile

513 Whitaker Ml Rd Raleigh, NC 27608

OFF-MARKET
Assisted living facilities
Property ID
US53-1584321
11,527 SF 6.5 ac lot Built 1927
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1927
Construction CONCRETE BLOCKS
Total area 11,527 SF
Lot 6.5 ac (283,140 SF)
Zoning code RX-4
APN 1704.08-89-8012 0091926
UPID US53-1584321

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
  • Nursing Home

Location

513 Whitaker Ml Rd Raleigh, NC 27608-2633
Raleigh metro Census 51800 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$855k
CAP Approach CAP
by Request
Comparable Approach Comparable
$549k
Blend (final) Blend
$705k

Owner & transaction history

Zoning & alternative use

RX-4 · Raleigh, NC
Zoning description

RX-4 is a mixed residential district intended to provide for a variety ofresidential building types and housing options at density in excess of 10dwelling units per acre

General category MIXED_USE
Top alternative use upside
Auto repair, garage $1.2M +265.9%
Warehouse, storage $1.1M +237.6%

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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