Property profile

9500 Strickland Rd Raleigh, NC 27615

OFF-MARKET
Drive through restaurants
Property ID
US53-1412638
3,117 SF 1.09 ac lot Built 1994
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1994
Construction BRICK
Total area 3,117 SF
Lot 1.09 ac (47,480 SF)
Zoning code CX-5
APN 1708.13-23-3371 0200637
UPID US53-1412638

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9500 Strickland Rd Raleigh, NC 27615-1935
Raleigh metro Census 53807 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.50M

Owner & transaction history

since 2024
Last sale
$3.5M
2 recorded transactions
2024
$3.5M
2005
$989,500

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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