Property profile

5275 6th Frks Rd Raleigh, NC 27609

OFF-MARKET
Turn key restaurants
Property ID
US53-0911215
2,925 SF 1.46 ac lot Built 1979
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction FRAME
Total area 2,925 SF
Lot 1.46 ac (63,598 SF)
Zoning code NX-3
APN 1706.11-55-7659 0034077
UPID US53-0911215

Cap rate & NOI

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

Location

5275 6th Frks Rd Raleigh, NC 27609-4431
Raleigh metro Census 53716 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2019
6 recorded transactions
2019
$1.7M
2019
Price N/A
2018
$17,000
2018
Price N/A
2016
Price N/A
2005
$1.3M

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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