Property profile

6109 Oak Forest Dr Raleigh, NC 27616

OFF-MARKET
Other land
Property ID
US53-1326242
2 ac lot
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Property summary

AI-generated overview

The property consists of approximately 2 acres of commercial land located at the corner of Old Wake Forest Road and Oak Forest Drive in Raleigh, North Carolina. It fronts a fully signalized intersection, with an average daily traffic count of 18,500 vehicles reported as of 2023. The site is zoned IX-3, permitting uses including retail, restaurant, and fuel sales.

Property profile

Verified
Property type Other land
Lot 2 ac (87,120 SF)
UPID US53-1326242

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6109 Oak Forest Dr Raleigh, NC 27616
Raleigh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

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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