Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8051 Target Side Dr Raleigh, NC 27616-4817

    • Grocery and convenience stores
    • 4,200 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $6,680,000
    Last Sale
    Dec 15, 2022
    $6,151,000
    Location Intelligence
    Property ID
    US53-3230618
    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

    • Grocery and convenience stores

    Property Details for 8051 Target Side Dr

    Year built
    2019
    Construction
    METAL FRAME
    Lot size
    1.30 lot acres
    Property size
    4,200 SF
    Zone code
    CX-4
    Property type
    Grocery and convenience stores
    APN
    1727.20-80-6746 0338137
    APU
    1727208067460338137

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,630,000
      6.5%
      $6,165,000
      7%
      $6,005,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,580,000
      Geo Method
      $5,960,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,735,000
      Retail
      $6,900,000
      Mixed-Use
      $6,195,000
      Hospitality
      $6,215,000
      Educational
      $6,575,000
      Residential Income
      $7,340,000
      Energy
      $5,960,000
      Income-Based Land
      $6,385,000
      Food Service
      $5,370,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5658
    Latitude
    35.867
    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
    $23,458
    $452,571
    $1,699,550
    $2,152,121
    -
    $452,571
    $1,699,550
    $2,152,121

    Comparable in this City

    • Value Estimation
      $4,165,000
      6,471 SF

      7513 Ramble Way

      GROCERY, SUPERMARKET • 6,471 SF
      7513 Ramble Way, Raleigh, NC 27616-4304
      View Details
    • Value Estimation by Request
      1,104 SF

      4801 Atlantic Ave

      GROCERY, SUPERMARKET • 1,104 SF
      4801 Atlantic Ave, Raleigh, NC 27616-1863
      View Details
    • Value Estimation
      $880,000
      3,117 SF

      7400 Louisburg Rd

      GROCERY, SUPERMARKET • 3,117 SF
      7400 Louisburg Rd, Raleigh, NC 27616-6455
      View Details
    • Value Estimation by Request
      9,864 SF

      4801 Thornton Rd

      GROCERY, SUPERMARKET • 9,864 SF
      4801 Thornton Rd, Raleigh, NC 27616-3110
      View Details
    • Value Estimation
      $400,000
      3,000 SF

      4826 Watkins Rd

      GROCERY, SUPERMARKET • 3,000 SF
      4826 Watkins Rd, Raleigh, NC 27616-8511
      View Details
    • Value Estimation by Request
      2,400 SF

      8411 Capital Blvd

      GROCERY, SUPERMARKET • 2,400 SF
      8411 Capital Blvd, Raleigh, NC 27616-3149
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      51,200 SF

      Retail/Flex Space For Sale

      Retail/Flex space with frontage on Spring Forest Road.
      3520 Spring Forest Rd, Raleigh, NC 27616
      View Details
    • $5,360,000
      9,996 SF

      Miami Office Sublease Opportunity

      Sublease: Two Private Offices, Utilities Included
      8101 Target Side Dr, Raleigh, NC 27616
      View Details
    • Contact for pricing
      11,200 SF

      Raleigh Flex Space Investment

      Modern 11,200 sq ft flex space, prime location.
      4550 Preslyn Dr, Raleigh, NC 27616
      View Details
    • $325,000
      1,232 SF

      North Raleigh Duplex Investment Opportunity

      Duplex in Raleigh, NC, ideal for investors or owner-occupants.
      8127 Perry Creek Rd, Raleigh, NC 27616
      View Details
    • $1,130,000
      1,144 SF

      Raleigh Commercial Land Opportunity

      1.55-acre commercial mixed-use land in a prime Raleigh location.
      4900 Spring Forest Rd, Raleigh, NC 27616
      View Details
    • $282,000

      Raleigh End-Unit Townhouse

      3-bedroom, 2.5-bath end-unit townhouse with modern features.
      4820 Landover Arbor Pl, Raleigh, NC 27616
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      17,250 SF

      Capital Blvd Retail Opportunity

      Prime retail space with high visibility and ample parking.
      5410 Capital Blvd, Raleigh, NC 27616
      View Details
    • Contact for pricing
      154,004 SF

      Retail Space in Raleigh Mall

      154,004 SF retail space available in Raleigh, NC.
      7330 Old Wake Forest Rd, Raleigh, NC 27616
      View Details
    • Contact for pricing
      23,736 SF

      Retail/Office Space For Lease

      Multi-tenant retail building with spaces suitable for retail or office.
      2900 Spring Forest Rd, Raleigh, NC 27616
      View Details
    • Contact for pricing
      478,740 SF

      Triangle Town Center Retail Space

      Upscale retail space, multiple units available.
      5959 Triangle Town Blvd, Raleigh, NC 27616
      View Details
    • Contact for pricing

      Raleigh Retail Outparcels For Rent

      Retail outparcels available in high-growth Raleigh location.
      Raleigh, NC 27616
      View Details
    • Contact for pricing
      8,968 SF

      Forestville Crossing Executive Suites

      Raleigh Office & Retail Space Available
      2902 Forestville Rd, Raleigh, NC 27616
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8051 Target Side Dr
    Raleigh, NC 27616-4817
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.