Entity Owned Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1996
Construction
FRAME
Total area
7,262 SF
Lot
6.85 ac (298,386 SF)
Zoning code
RHD
APN
0667.14-34-4690 0217329
UPID
US53-1569783
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$648k
Blend (final)
Blend
$855k
Owner & transaction history
4 recorded transactions
Zoning & alternative use
RHD · Fuquay Varina, NC
Zoning description
The RHD zoning district is intended to permit existing single-family dwelling units, and duplex residential uses, and to provide for proposed multi-family, triplex, quadplex, and townhouse high density urban residential…
General category
RESIDENTIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$855k
Value range
$770k – $941k
±10% around blend
Estimated value / SF
$118 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
60
$770k
blend $855k
$941k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,262 SF
Lot area
6.85 ac
Year built
1996
Stories
2
APN
0667.14-34-4690 0217329
Zoning
RHD
Assessed value
$4,894,650
Annual tax
$55,709
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.15M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.24M
@ 6.5% CAP return
$1.15M
@ 7% CAP return
$1.06M
4
Sales comparison
Partial preview
Sales approach indication
$4.48M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.2 mi away · 8,196 SF
16.4 mi away · 7,336 SF
18.1 mi away · 6,908 SF
19.2 mi away · 9,182 SF
21.5 mi away · 6,440 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$855k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 175 sales
$2,009
-94%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $118/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
9.60%
Implied, in-place cap rate for this garden apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.60%
9.0%
NOI (est.)
$343k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.57M
Move the market yield to see immediate price impact.
Value / SF
$491
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
9.10%9.60%10.10%
$308k
$3.39M
$3.21M
$3.05M
$343k
$3.77M
$3.57M
$3.39M
$377k
$4.14M
$3.93M
$3.73M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.25M
14.7 mi · Sep 2025 · $254/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$55,709
Tax year 2023
Assessed value
$4,894,650
Assessed 2023
Previous assessed
$4,894,650
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,344,000
Assessed improvement
$3,550,650
Land market value
$1,344,000
Improvement market value
$3,550,650
Total market value
$4,894,650
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1996
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
8
Rooms
308
Total area
7,262 SF
Lot
6.85 ac (298,386 SF)
Zoning code
RHD
APN
0667.14-34-4690 0217329
UPID
US53-1569783
Jurisdiction
WAKE
Zoning & alternative use
RHD · Fuquay Varina, NCZoning RHD · permitted uses
RHD · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The RHD zoning district is intended to permit existing single-family dwelling units, and duplex residential uses, and to provide for proposed multi-family, triplex, quadplex, and townhouse high density urban residential…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1996
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
8
Rooms
308
Lot
6.85 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RHD
RESIDENTIAL
Jurisdiction
Fuquay Varina, NC
Recorded code
RHD
Official district
RHD
Official district profile
What the municipal code says about RHD
Zoning description
The RHD zoning district is intended to permit existing single-family dwelling units, and duplex residential uses, and to provide for proposed multi-family, triplex, quadplex, and townhouse high density urban residential…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RHD in Fuquay Varina, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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