Property profile

608 Peace St Raleigh, NC 27605

OFF-MARKET
Investment properties
Property ID
US53-1757429
1,074 SF 0.11 ac lot Built 1925
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 1,074 SF
Lot 0.11 ac (4,792 SF)
Zoning code NX-3
APN 1704.18-42-3273 0068726
UPID US53-1757429

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
  • Parking Lot & Garage
  • Alternative Medicine Practice Spa & Massage Center

Location

608 Peace St Raleigh, NC 27605-1520
Raleigh metro Census 50300 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2015
7 recorded transactions
2023
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
2016
Price N/A
2015
$356,000
2013
Price N/A

Zoning & alternative use

NX-3 · Raleigh, NC
Zoning description

The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

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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