Property profile

7281 Nc Hwy 42 Raleigh, NC 27603

OFF-MARKET
Strip malls
Property ID
US53-2117926
56,411 SF 9.29 ac lot Built 2007
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 56,411 SF
Lot 9.29 ac (404,672 SF)
Zoning code COP
APN 06D02016T
UPID US53-2117926

Cap rate & NOI

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

Location

7281 Nc Hwy 42 Raleigh, NC 27603-7532
Raleigh metro Census 41113 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.44M
Blend (final) Blend
$5.42M

Owner & transaction history

since 2014
2 recorded transactions
2014
$16.3M
2014
Price N/A

Zoning & alternative use

COP · Raleigh, NC

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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