Financial
Distress signals
Property profile

5211 Hillsborough St Raleigh, NC 27606

OFF-MARKET
Retail space
Property ID
US53-1761636
4,904 SF 0.41 ac lot Built 1950
Last sale Jun 2025 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a standalone flex/retail building at 5211 Hillsborough Street in Raleigh, North Carolina. The property boasts 4,904 square feet situated on a 0.41-acre lot, offering ample space for a variety of uses. Its prime location directly across from the North Carolina State Fairgrounds, near Lenovo Center and Carter-Finley Stadium, ensures high visibility and significant foot traffic. The IX-3 zoning permits a range of commercial activities. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$457k
Assessed land$268k
Assessed improvement$188k
Effective rate0.43%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$393/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$198 – $672
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IX-3
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.0
Spa & Massage14.6
Auto Parts Store14.0

Location

5211 Hillsborough St Raleigh, NC 27606-1364
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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