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Property profile & analytics
OFF-MARKET Estimated value $1,040,000
Parking lots & garages

851 Partners Way Raleigh, NC 27606

162,400 SF 1.59 ac lot Built 2003
Individually Owned Free & Clear
Property ID
US53-3702864
Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2003
Construction CONCRETE
Total area 162,400 SF
Lot 1.59 ac (69,260 SF)
Zoning code CMP
APN 0793.11-66-5612 0259513
UPID US53-3702864
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$777k
Blend (final) Blend
$1.04M
Owner & transaction history
NORTH CAROLINA STATE
NORTH CAROLINA STATE
Zoning & alternative use
CMP · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Campus (CMP) The CMP District is established to allow for growth and development of colleges and universities and other campus-like uses such as hospitals while protecting the larger community, nearby neighborhoods and the environment from impacts accompanying major new development. The CMP District allows for flexible placement of buildings, and unified tre…

Zone name Campus
General category CIVIC_INSTITUTIONAL
Zone area 1,235.44 ac
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