Property profile

5201 Clarks Frk Dr Raleigh, NC 27616

OFF-MARKET
Assisted living facilities
Property ID
US53-2159301
58,734 SF 6.79 ac lot Built 2002
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2002
Total area 58,734 SF
Lot 6.79 ac (295,772 SF)
Zoning code RX-3
APN 1737.05-19-6344 0289235
UPID US53-2159301

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 Retirement Community
  • Nursing Home

Location

5201 Clarks Frk Dr Raleigh, NC 27616-5868
Raleigh metro Census 54023 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$12.82M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.82M

Owner & transaction history

since 2024
Last sale
$12.8M
2 recorded transactions
2024
$12.8M
1969
Price N/A

Zoning & alternative use

RX-3 · Raleigh, NC
Zoning description

RX-3 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
Commercial (general) $9.5M +484.3%
Medical building $8.6M +430.6%
Retail stores $8.4M +421.4%

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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