5211 Hillsborough St Raleigh, NC 27606-1364
Property Lookup
Property profile & analytics
5211 Hillsborough St Raleigh, NC 27606-1364
- Retail space
- 4,904 SF
- 0.41 lot acres
Property ID
US53-1761636
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Capital Bargain Barn / Discount Store
- Home Accent Furnishings by Capital Bargain Barn / Furniture & Home Goods / Home Decor Store
Property Details for 5211 Hillsborough St
- Year built
- 1950
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.41 lot acres
- Property size
- 4,904 SF
- Zone code
- IX-3
- Property type
- Retail space
- APN
- 0784.14-42-8917 0030761
- APU
- 784144289170030761
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.714
- Latitude
- 35.7911
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,977
$268,436
$188,165
$456,601
-
$268,436
$188,165
$456,601
