Property profile

5505 Thornton Rd Raleigh, NC 27616

OFF-MARKET
Auto shops
Property ID
US53-0649785
3,000 SF 1.32 ac lot Built 1985
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Construction METAL FRAME
Total area 3,000 SF
Lot 1.32 ac (57,499 SF)
Zoning code R-4
APN 1738.14-42-4543 0173766
UPID US53-0649785

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
  • Auto Repair Shop
  • Auto Repair Shop
  • Auto Repair Shop

Location

5505 Thornton Rd Raleigh, NC 27616-5727
Raleigh metro Census 54023 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2022
Last sale
$285,000
4 recorded transactions
2022
Price N/A
2020
$285,000
2012
Price N/A
2009
$120,000

Zoning & alternative use

R-4 · Raleigh, NC
Zoning description

R-4, 60 feet in R-6 and 50 feet in R-10. F. Density, Lot Area per Dwelling Unit, and Site Area per Dwelling Unit Residential density, where applicable, is expressed in units per acre and is calculated by dividing the tot…

General category RESIDENTIAL

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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