Property profile

7000 Glenwood Ave Raleigh, NC 27612

OFF-MARKET
Retail space
Property ID
US53-0536968
4,000 SF 0.95 ac lot Built 1977
Trust Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction METAL FRAME
Total area 4,000 SF
Lot 0.95 ac (41,382 SF)
Zoning code CX-3
APN 0786.07-59-0512 0087604
UPID US53-0536968

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Wash
  • Party Supply Store Rental Equipment Company
  • Furniture & Home Goods

Location

7000 Glenwood Ave Raleigh, NC 27612-7143
Raleigh metro Census 53726 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
$1.03M
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2009
$750,000

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

General category MIXED_USE

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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