Property profile

804 Salem Woods Dr Raleigh, NC 27615

OFF-MARKET
Medical Office Space
Property ID
US53-5717357
1,000 SF 0.01 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Construction FRAME
Total area 1,000 SF
Lot 0.01 ac (436 SF)
Zoning code OX-3
APN 1717.05-08-7909 0164985
UPID US53-5717357

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
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon
  • Medical Clinic Skin Care Clinic
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

804 Salem Woods Dr Raleigh, NC 27615-3343
Raleigh metro Census 54011 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
Last sale
$140,000
7 recorded transactions
2024
$285,000
2022
Price N/A
2020
$95,000
2018
$140,000
2016
Price N/A
2014
$112,000
2013
Price N/A

Zoning & alternative use

OX-3 · Raleigh, NC
Zoning description

The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options

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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