Property profile

5260 New Bern Ave Raleigh, NC 27610

OFF-MARKET
Drive through restaurants
Property ID
US53-1347865
2,993 SF 0.98 ac lot Built 2006
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2006
Construction BRICK
Total area 2,993 SF
Lot 0.98 ac (42,689 SF)
Zoning code PD
APN 1734.14-43-1783 0305551
UPID US53-1347865

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
  • Grocery & Convenience Store Specialty Food Shop

Location

5260 New Bern Ave Raleigh, NC 27610-1428
Raleigh metro Census 54106 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2021
Price N/A
2005
$425,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PD · Raleigh, NC
Zoning description

The site immediately abuts a district boundary of a Planned Development (PD-) district where the abutting property is vacant or contains a detached house, tiny house, or attached house and any of the following apply: Has…

General category PLANNED_DEVELOPMENT

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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