Property profile

5605 Primavera Ct Raleigh, NC 27616

OFF-MARKET
Warehouses
Property ID
US53-1023273
6,000 SF 1.54 ac lot Built 1980
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Construction METAL FRAME
Total area 6,000 SF
Lot 1.54 ac (67,082 SF)
Zoning code IX-3
APN 1726.09-07-8126 0105258
UPID US53-1023273

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
  • Industrial Manufacturer Production Facility
  • Big Box & Wholesale Store

Location

5605 Primavera Ct Raleigh, NC 27616-1840
Raleigh metro Census 54018 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
$715k
Comparable Approach Comparable
$448k
Blend (final) Blend
$465k

Owner & transaction history

since 2016
1 recorded transaction
2016
$600,000

Zoning & alternative use

IX-3 · Raleigh, NC
Zoning description

The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities

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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