Property profile

7339 6th Frks Rd Raleigh, NC 27615

OFF-MARKET
Strip malls
Property ID
US53-3873660
108,595 SF 9.27 ac lot Built 1978
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1978
Construction CONCRETE BLOCKS
Total area 108,595 SF
Lot 9.27 ac (403,801 SF)
Zoning code CX-3
APN 1707.10-45-5723 0087042
UPID US53-3873660

Cap rate & NOI

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

Location

7339 6th Frks Rd Raleigh, NC 27615-6162
Raleigh metro Census 53730 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$17.75M

Owner & transaction history

since 2017
5 recorded transactions
2017
$19.1M
2017
Price N/A
2007
$16.7M
2007
Price N/A
2004
$10.6M

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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