Property profile

522 Saint Marys St Raleigh, NC 27605

OFF-MARKET
Turn key restaurants
Property ID
US53-1900835
3,364 SF 0.36 ac lot Built 1998
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 3,364 SF
Lot 0.36 ac (15,682 SF)
Zoning code NX-3
APN 1704.18-31-6612 0004803
UPID US53-1900835

Cap rate & NOI

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

Location

522 Saint Marys St Raleigh, NC 27605-1736
Raleigh metro Census 50300 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2012
7 recorded transactions
2018
Price N/A
2018
Price N/A
2012
Price N/A
2001
$700,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NX-3 · Raleigh, NC
Zoning description

The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

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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