Property profile

517 Peace St Raleigh, NC 27603

OFF-MARKET
Bars & Pubs
Property ID
US53-2135173
1,922 SF 0.13 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 2001
Construction BRICK
Total area 1,922 SF
Lot 0.13 ac (5,663 SF)
Zoning code DX-3
APN 1704.18-42-7088 0018399
UPID US53-2135173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

517 Peace St Raleigh, NC 27603-1101
Raleigh metro Census 50300 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

Zoning & alternative use

DX-3 · Raleigh, NC
Zoning description

The DX-3 is intended to provide for intense mixed use development of the Citysdowntown area

General category MIXED_USE

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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