2511 Wake FrstRaleigh, NC 27609

  • Retail properties
  • 34,949 SF
Off market

Property Details for 2511 Wake Frst

Year built
1967
Construction
CONCRETE BLOCKS
Lot size
13.24 AC
Property size (Sq ft)
34,949 SF
Zone code
CX-3
Property type
Retail properties
Property subtype
Other automotive properties
APN
1715.13-02-3641 0181076
APU
1715130236410181076

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,452,999
    6.5%
    $11,495,076
    7%
    $10,673,999
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,314,416
    Geo Method
    $20,215,928
  • Alternative Use

    Use
    Valuation
    Residential
    $9,696,527
    Hospitality
    $8,881,966
    Educational
    $7,389,692
    Medical
    $7,643,834
    Retail
    $11,495,076
2511 Wake Frst, Raleigh, North Carolina

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8173
Longitude
-78.6278
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$54,403
$2,246,541
$2,744,573
$4,991,114
-
$2,246,541
$2,744,573
$4,991,114

FAQs

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