Property profile

8611 Brier Crk Pkwy Raleigh, NC 27617

OFF-MARKET
Theaters & concert halls
Property ID
US53-0096694
55,467 SF 9.44 ac lot Built 2002
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 2002
Construction BRICK
Total area 55,467 SF
Lot 9.44 ac (411,206 SF)
Zoning code CX-5
APN 0768.03-34-8092 0296781
UPID US53-0096694

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
  • Cinema Theater & Performing Art Venue

Location

8611 Brier Crk Pkwy Raleigh, NC 27617-7325
Raleigh metro Census 53613 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.23M

Owner & transaction history

since 2019
7 recorded transactions
2019
$17.9M
2017
Price N/A
2017
Price N/A
2016
Price N/A
2005
$4.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CX-5 · Raleigh, NC
Zoning description

ility Sec. 3.3.1. Applicability Each Mixed Use District must include one of the following height designations. The designation establishes the maximum height in stories and feet for each mixed use district. For example,…

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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