Property summary
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… building includes convenient on-site parking for over 20 vehicles, a significant advantage in this high-demand area. Its strategic placement near major highways, I-440 and I-40, provides easy access throughout the region, enhancing its appeal to businesses seeking excellent connectivity. The asking price for this rare ownership opportunity in Raleigh's Westover neighborhood is $1,500,000. This property represents a compelling investment prospect due to its location, size, and ample parking. The building's standalone nature offers flexibility and control, while its prominent Hillsborough Street address ensures maximum exposure. This is a unique chance to acquire a well-positioned commercial property in a thriving Raleigh neighborhood.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight