Property profile

601 Peace St Raleigh, NC 27605

OFF-MARKET
Turn key restaurants
Property ID
US53-0962028
4,514 SF 0.73 ac lot Built 1973
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Construction BRICK
Total area 4,514 SF
Lot 0.73 ac (31,799 SF)
Zoning code DX-3
APN 1704.18-42-5020 0038020
UPID US53-0962028

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
  • Atm
  • Restaurant

Location

601 Peace St Raleigh, NC 27605-1519
Raleigh metro Census 50300 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

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

Owner & transaction history

Zoning & alternative use

DX-3 · Raleigh, NC
Zoning description

The DX-3 is intended to provide for intense mixed use development of the Citysdowntown area

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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