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    Property profile & analytics

    7000 Glenwood Ave Raleigh, NC 27612-7143

    • Retail space
    • 4,000 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Location Intelligence
    Property ID
    US53-0536968
    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

    • Champion Wash On Wheels Inc / Car Detailing Service / Car Wash
    • Haute Seats / Party Equipment Rental Service
    • The Original Mattress Factory / Mattress Store / Bedding Store

    Property Details for 7000 Glenwood Ave

    Year built
    1977
    Construction
    METAL FRAME
    Lot size
    0.95 lot acres
    Property size
    4,000 SF
    Zone code
    CX-3
    Property type
    Retail space
    APN
    0786.07-59-0512 0087604
    APU
    786075905120087604

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $680,000
      6.5%
      $715,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $720,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $615,000
      Mixed-Use
      $785,000
      Hospitality
      $630,000
      Educational
      $605,000
      Residential Income
      $750,000
      Energy
      $640,000
      Income-Based Land
      $805,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7129
    Latitude
    35.864
    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
    $8,641
    $517,689
    $275,081
    $792,770
    -
    $517,689
    $275,081
    $792,770

    Comparable in this City

    • Value Estimation by Request
      6,400 SF

      6909 Glenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,400 SF
      6909 Glenwood Ave, Raleigh, NC 27612-7100
      View Details
    • Value Estimation
      $1,105,000
      21,551 SF

      6022 Duraleigh Rd

      RETAIL STORES (PERSONAL SERVICES) • 21,551 SF
      6022 Duraleigh Rd, Raleigh, NC 27612-7117
      View Details
    • Value Estimation
      $6,315,000
      36,050 SF

      8331 Glenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 36,050 SF
      8331 Glenwood Ave, Raleigh, NC 27612-7220
      View Details
    • Value Estimation
      $895,000
      10,000 SF

      6904 Glenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,000 SF
      6904 Glenwood Ave, Raleigh, NC 27612-7141
      View Details
    • Value Estimation
      $5,040,000
      12,514 SF

      6129 Glenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,514 SF
      6129 Glenwood Ave, Raleigh, NC 27612-2613
      View Details
    • Value Estimation by Request
      5,400 SF

      6005 Glenwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      6005 Glenwood Ave, Raleigh, NC 27612-2601
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space Near Glenwood Avenue

      Retail space with high visibility and traffic counts available for sale.
      5910 Duraleigh Rd, Raleigh, NC 27612
      View Details
    • $6,750,000
      2.77 Acres

      Glenwood Ave NNN Investment

      Raleigh, NC: 2 National Tenants
      6425 Glenwood Ave, Raleigh, NC 27612
      View Details
    • $500,000
      0.55 Acres

      Raleigh Retail Land Investment Opportunity

      High-growth area, 0.55 acres, 20,909 SF
      5724 Creedmoor Rd, Raleigh, NC 27612
      View Details
    • $2,897,000
      7 SF

      Restaurant Investment Opportunity Near Mall

      Restaurant property for sale near Crabtree Valley Mall.
      5300 Homewood Banks Dr, Raleigh, NC 27612
      View Details
    • $675,000
      0.60 Acres

      Raleigh Land with Approved Plans

      Private Raleigh lot with city-approved architectural plans ready to build.
      4120 Picardy Dr, Raleigh, NC 27612
      View Details
    • $250,000
      Pending

      Raleigh Buildable Lot with Water View

      Buildable lot in North Raleigh with water and woods views.
      1104 Hickory Pond Ct, Raleigh, NC 27612
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      7,194 SF

      Raleigh Retail/Office Space Available

      Desirable Raleigh location, convenient to shopping, dining, and major routes.
      6014 Duraleigh Rd, Raleigh, NC 27612
      View Details
    • $24 SF/Yr
      19,920 SF

      Retail Space on Duraleigh Road

      Endcap retail space with high visibility and traffic counts.
      5800 Duraleigh Rd, Raleigh, NC 27612
      View Details
    • Contact for pricing
      359,922 SF

      Raleigh Executive Office Suites

      Prime Raleigh location, multiple suites available.
      70 Glenwood Ave. & Pleasant Vly Rd, Raleigh, NC 27612
      View Details
    • $25 SF/Yr
      92,600 SF

      Crosspointe II: Premier Office Space

      Executive Suites, North Raleigh, NC
      2840 Plaza Pl, Raleigh, NC 27612
      View Details
    • Contact for pricing
      30,074 SF

      Glenwood Ave Executive Suites

      Raleigh Office Space: Prime Location, Flexible Lease
      5811 Glenwood Ave, Raleigh, NC 27612
      View Details
    • $30 SF/Yr
      25,000 SF

      Raleigh Office Space for Lease

      Office space for lease near UNC Rex Hospital, I-440, and I-40.
      3214 Charles B. Root Wynd, Raleigh, NC 27612
      View Details
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    7000 Glenwood Ave
    Raleigh, NC 27612-7143
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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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