Financial
Distress signals
Property profile

307 Salem St Apex, NC 27502

OFF-MARKET
Office buildings
Property ID
US53-5620208
7,150 SF 0.45 ac lot Built 1984
Last sale May 2021 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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 · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$906k
Assessed land$392k
Assessed improvement$514k
Effective rate1.10%

Value estimate

· Sep 2026
$200k
$180k – $220k
AI approach$165k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$98 – $256
Qualifying comparables11

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?
B1
B1 Neighborhood Business District The purpose and intent of the B1 Neighborhood Business District is to encourage the development of smal...
General categoryCOMMERCIAL
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 Firm19.5
Storage Facility11.8
Hotel & Motel10.9

Location

307 Salem St Apex, NC 27502-1845
County assessor Recorded deeds · 3 transfers 11 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1480 Chapel Rdg, Apex, NC 27502-8625 $435,000 May 2025 16,192 SF
1460 Chapel Rdg, Apex, NC 27502-8615 $396,000 Jan 2025 15,678 SF
103 Salem, Apex, NC 27502-1427 $22,000 Nov 2024 3,950 SF
2003 Schieffelin, Apex, NC 27502-1771 $310,000 Aug 2023 2,500 SF
850 Perry, Apex, NC 27502-7701 $1,543,000 Nov 2020 13,507 SF
1303 Williams, Apex, NC 27502-2188 $1,280,000 Jan 2019 3,584 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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