Financial
Distress signals
Property profile

108 Salem St Apex, NC 27502

OFF-MARKET
Investment properties
Property ID
US53-1922067
6,110 SF 0.08 ac lot Built 1920
Last sale Sep 2025 · $9,500
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$4k
Tax billed · 2023
Assessed value$819k
Assessed land$98k
Assessed improvement$721k
Effective rate0.54%

Value estimate

· Sep 2026
$330k
$297k – $363k
CAP approach$1.30M
Submarket $/SF estimate$780k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$333/SF
County average, outlier-cleaned · 153 recorded sales of this use type
Observed band · Q1–Q3$165 – $515

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?
B2
B2 Downtown Business District The purpose and intent of the B2 Downtown Business District is to encourage the development of a high inten...
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 Firm15.3
Storage Facility11.8
Plumbing Service10.7

Location

108 Salem St Apex, NC 27502-1428
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
126 Salem, Apex, NC 27502-1476 $11,500 Jun 2025 9,466 SF
122 Salem, Apex, NC 27502-1564 $15,500 Jun 2025 3,250 SF
204 Franconia, Apex, NC 27502-8601 $1,090,000 May 2025 3,438 SF
1200 Williams, Apex, NC 27502-1219 $750,000 Mar 2025 4,914 SF
1010 Woodlands Crk, Apex, NC 27502-5250 $360,000 Dec 2023 3,108 SF
124 Salem, Apex, NC 27502-1428 $92,500 Jul 2022 4,210 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 108 Salem St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message