Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    6125 Westgate Rd Raleigh, NC 27617-4720
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6125 Westgate Rd Raleigh, NC 27617-4720

    View on Map
    • Warehouses
    • 30,000 SF
    • 5.74 lot acres
    Off-Market
    Property ID
    US53-1573041
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,120,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Piedmont Truck Tires Inc / (Bike/Boat/Book/etc) Store / Auto Parts Store

    Property Details for 6125 Westgate Rd

    Year built
    1996
    Construction
    METAL FRAME
    Lot size
    5.74 lot acres
    Property size
    30,000 SF
    Zone code
    IX-3
    Property type
    Warehouses
    APN
    0778.03-33-0626 0222509
    APU
    778033306260222509

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,885,000
      6.5%
      $3,585,000
      7%
      $3,330,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,159,000
      Market price range: $1.40M - $4.14M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7536
    Latitude
    35.9025
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,470
    $1,080,129
    $1,898,726
    $2,978,855
    -
    $1,080,129
    $1,898,726
    $2,978,855

    Comparable in this City

    • Value Estimation
      $995,000
      7,810 SF

      6031 Triangle Dr

      WAREHOUSE, STORAGE • 7,810 SF
      6031 Triangle Dr, Raleigh, NC 27617
      View Details
    • Value Estimation
      $3,815,000
      41,028 SF

      8221 Brownleigh Dr

      WAREHOUSE, STORAGE • 41,028 SF
      8221 Brownleigh Dr, Raleigh, NC 27617-7409
      View Details
    • Value Estimation
      $960,000
      8,113 SF

      6004 Triangle Dr

      WAREHOUSE, STORAGE • 8,113 SF
      6004 Triangle Dr, Raleigh, NC 27617-4743
      View Details
    • Value Estimation
      $1,845,000
      18,640 SF

      6330 Mt Herman Rd

      WAREHOUSE, STORAGE • 18,640 SF
      6330 Mt Herman Rd, Raleigh, NC 27617-8959
      View Details
    • Value Estimation
      $2,820,000
      28,688 SF

      7516 Precision Dr

      WAREHOUSE, STORAGE • 28,688 SF
      7516 Precision Dr, Raleigh, NC 27617-8747
      View Details
    • Value Estimation
      $1,920,000
      17,615 SF

      7500 Precision Dr

      WAREHOUSE, STORAGE • 17,615 SF
      7500 Precision Dr, Raleigh, NC 27617-8402
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,640 SF

      Industrial Property with Outdoor Storage

      14,640 SF building with laydown yard and covered shed.
      5832 Lease Ln, Raleigh, NC 27617
      View Details
    • Contact for pricing
      9,975 SF

      Warehouse with Outdoor Storage

      Warehouse with convenient access and outdoor storage near major routes.
      5921 Triangle Dr, Raleigh, NC 27617
      View Details
    • Contact for pricing

      Glenwood Avenue Versatile Commercial Property

      Versatile property suitable for retail, flex, warehouse, and business uses.
      8601 Glenwood Ave, Raleigh, NC 27617
      View Details
    • Contact for pricing

      Versatile Flex Space on US 70

      Highly visible flex/office/retail spaces on Glenwood Avenue.
      6320 Angus Dr, Raleigh, NC 27617
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      10600 Glenwood Ave, Raleigh, NC 27617
      View Details
    • $620,000
      1,879 SF

      Modern Office Space For Sale

      Well-maintained office space with contemporary finishes and prime location.
      8801 Fast Park Dr, Raleigh, NC 27617
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Raleigh Industrial Space Sublease Opportunity

      Industrial space for sublease near I-540 and RDU International.
      Raleigh, NC 27617
      View Details
    • Contact for pricing

      Functional Space with Laydown Yard

      14,640 SF space with laydown yard in Raleigh, NC.
      5832 Lease Ln, Raleigh, NC 27617
      View Details
    • Contact for pricing

      Class A Flex Industrial Property

      Raleigh flex industrial space near RDU and Research Triangle Park.
      10601 World Trade Blvd, Raleigh, NC 27617
      View Details
    • Contact for pricing

      Raleigh Flex / Industrial Space

      Flex, industrial, and office spaces available for lease in Raleigh.
      8208 Brownleigh Dr, Raleigh, NC 27617
      View Details
    • Contact for pricing

      Versatile Property on Glenwood Avenue

      Suitable for office, flex, warehouse, and general business uses.
      8601 Glenwood Ave, Raleigh, NC 27617
      View Details
    • $16 SF/Yr

      Renovated Warehouse Space Available

      20,000 SF warehouse space available for lease October 1, 2025.
      8900 Midway West Rd, Raleigh, NC 27617
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6125 Westgate Rd
    Raleigh, NC 27617-4720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!