Property profile

600 Newton Rd Raleigh, NC 27615

OFF-MARKET
Assisted living facilities
Property ID
US53-0679631
26,641 SF 2.75 ac lot Built 1984
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1984
Construction BRICK
Total area 26,641 SF
Lot 2.75 ac (119,790 SF)
Zoning code RX-3
APN 1707.15-74-4874 0019732
UPID US53-0679631

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
  • Physician
  • Physician

Location

600 Newton Rd Raleigh, NC 27615-6214
Raleigh metro Census 54006 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$920k

Owner & transaction history

since 2006
1 recorded transaction
2006
$5.6M

Zoning & alternative use

RX-3 · Raleigh, NC
Zoning description

RX-3 is a mixed residential district intended to provide for a variety ofresidential building types and housing options at density in excess of 10dwelling units per acre

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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