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    Property profile & analytics

    6516 Mt Herman Rd Raleigh, NC 27617-9401

    • Investment properties
    • 2,242 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Apr 30, 2021
    $450,000
    Location Intelligence
    Property ID
    US53-1076614
    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

    • Watercraft Concepts / Boat Repair Shop

    Property Details for 6516 Mt Herman Rd

    Year built
    1973
    Construction
    BRICK
    Lot size
    0.54 lot acres
    Property size
    2,242 SF
    Zone code
    IX-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0768.02-85-0673 0089386
    APU
    768028506730089386

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7702
    Latitude
    35.9084
    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
    $3,173
    $76,211
    $213,076
    $289,287
    -
    $76,211
    $213,076
    $289,287

    Comparable in this City

    • Value Estimation by Request
      500 SF

      8753 Glenwood Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 500 SF
      8753 Glenwood Ave, Raleigh, NC 27617-7421
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    • Value Estimation
      $255,000
      2,514 SF

      8320 Ebenezer Church Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,514 SF
      8320 Ebenezer Church Rd, Raleigh, NC 27617-4731
      View Details
    • Value Estimation
      $305,000
      1,740 SF

      6521 Mt Herman Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,740 SF
      6521 Mt Herman Rd, Raleigh, NC 27617-9402
      View Details
    • Value Estimation by Request
      14,868 SF

      8629 Glenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,868 SF
      8629 Glenwood Ave, Raleigh, NC 27617-7590
      View Details
    • Value Estimation by Request
      3,871 SF

      8680 Glenwood Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,871 SF
      8680 Glenwood Ave, Raleigh, NC 27617-7416
      View Details
    • Value Estimation by Request
      42,237 SF

      8601 Glenwood Ave

      WAREHOUSE, STORAGE • 42,237 SF
      8601 Glenwood Ave, Raleigh, NC 27617-7000
      View Details

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    6516 Mt Herman Rd
    Raleigh, NC 27617-9401
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    Realmo Value Estimation

    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.

    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.

    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
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