Realmo Analytics

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Financial
Distress signals
Property profile

8620 Glenwood Ave Raleigh, NC 27617

OFF-MARKET
Retail space
Property ID
US53-1932122
12,000 SF 1.75 ac lot Built 1994
Last sale Dec 2021
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$2.07M
Assessed land$1.12M
Assessed improvement$953k
Effective rate0.87%

Value estimate

· Oct 2026
$805k
$725k – $886k
CAP approach$3.09M
Submarket $/SF estimate$4.29M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$393/SF
Submarket average, outlier-cleaned · 174 recorded sales of this use type
Observed band · Q1–Q3$198 – $672
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CX-3
The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.4
Hair Salon11.9
Spa & Massage11.8

Location

8620 Glenwood Ave Raleigh, NC 27617-7416
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7901 Acc, Raleigh, NC 27617-4729 $1,602,500 Jul 2025 18,838 SF
8710 Glenwood, Raleigh, NC 27617-7420 $8,455,500 Dec 2022 9,000 SF
7941 Skyland Rdg, Raleigh, NC 27617-8625 $2,922,000 Sep 2021 12,316 SF
8606 Jersey, Raleigh, NC 27617-4707 $1,825,000 Dec 2019 7,324 SF
9550 Brier Crk, Raleigh, NC 27617-6516 $2,430,000 Nov 2019 4,160 SF
7860 Brier Crk, Raleigh, NC 27617-8902 $1,600,000 Nov 2018 9,284 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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