Property profile

8680 Glenwood Ave Raleigh, NC 27617

OFF-MARKET
Drive through restaurants
Property ID
US53-5674249
3,871 SF 1.5 ac lot Built 2005
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2005
Construction BRICK
Total area 3,871 SF
Lot 1.5 ac (65,340 SF)
Zoning code CX-3
APN 0777.02-67-0766 0283767
UPID US53-5674249

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
  • Restaurant
  • Law Firm
  • Grocery & Convenience Store Food Market

Location

8680 Glenwood Ave Raleigh, NC 27617-7416
Raleigh metro Census 53724 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2005
1 recorded transaction
2005
$695,000

Zoning & alternative use

CX-3 · Raleigh, NC
Zoning description

The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses

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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