Property profile & analytics
616 Glenwood Ave Raleigh, NC 27603-1224
- Retail space
- 3,820 SF
- 0.24 lot acres
OFF-MARKET
Value Estimations
$870,000
Show details
Cap Rate Potential
6.4%
Retail space
Location Intelligence
Property ID
US53-0412622
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.
Current Use by Public Records
- The Village Nightlife Complex / Bar
Property Details for 616 Glenwood Ave
- Year built
- 1966
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.24 lot acres
- Property size
- 3,820 SF
- Zone code
- DX-5
- Property type
- Retail space
- APN
- 1704.18-41-7979 0006882
- APU
- 1704184179790006882
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $735,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $780,000
- 6.5%
- $720,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,151,000
Market price range: $390k - $1.27M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6467
- Latitude
- 35.7882
- 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
$18,784
$1,359,020
$248,394
$1,607,414
-
$1,359,020
$248,394
$1,607,414
