Property profile

601 Corporate Ctr Dr Raleigh, NC 27607

OFF-MARKET
Drive through restaurants
Property ID
US53-0890776
4,430 SF 1.17 ac lot Built 2010
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2010
Construction BRICK
Total area 4,430 SF
Lot 1.17 ac (50,965 SF)
Zoning code CX-4
APN 0774.15-62-8585 0378927
UPID US53-0890776

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
  • Restaurant Take-out & Catering
  • Law Firm

Location

601 Corporate Ctr Dr Raleigh, NC 27607-5489
Raleigh metro Census 52401 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
$945k
Blend (final) Blend
$710k

Owner & transaction history

since 2019
3 recorded transactions
2019
$1.9M
2010
Price N/A
1969
Price N/A

Zoning & alternative use

CX-4 · Raleigh, NC
Zoning description

The CX-4 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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