Property profile

5300 Atlantic Spgs Rd Raleigh, NC 27616

OFF-MARKET
Retail space
Property ID
US53-1681829
8,400 SF 1.19 ac lot Built 2016
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction METAL FRAME
Total area 8,400 SF
Lot 1.19 ac (51,836 SF)
Zoning code CX-3
APN 1716.12-86-8202 0185275
UPID US53-1681829

Cap rate & NOI

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

Location

5300 Atlantic Spgs Rd Raleigh, NC 27616
Raleigh metro Census 54018 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.30M
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k

Owner & transaction history

since 2018
4 recorded transactions
2018
$2.1M
2018
$2.1M
2016
$539,000
2004
Price N/A

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

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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