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Property profile & analytics
OFF-MARKET
Estimated value
$3,430,000
Drug stores
100 Shanta Dr, Raleigh, NC 27610
Entity Owned
12-yr Hold
Free & Clear
Property ID
US53-1486616
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2007
Construction
BRICK
Total area
13,743 SF
Lot
2.36 ac (102,802 SF)
Zoning code
CX-4
APN
1724.17-22-1256 0270835
UPID
US53-1486616
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.75M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$3.43M
Owner & transaction history
Ptshp LLP Casselberry · 12 yrs held
Ptshp LLP Casselberry
since 2014
3 recorded transactions
Zoning & alternative use
CX-4 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+12.2%
Medical building
$4.3M
+9.1%
Auto repair, garage
$4.1M
+2.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,065,000
6.5%
$3,750,000
7%
$3,485,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,975,000
Current use
COMMERCIAL (GENERAL)
$4,455,000
Change: +12% · Conversion: Easy
MEDICAL BUILDING
$4,335,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,050,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.43M
Range $3.09M – $3.77M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$250 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$57,819
Tax year 2023
Assessed value
$5,304,489
Assessed 2023
Previous assessed
$5,304,489
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,267,548
Assessed improvement
$4,036,941
Land market value
$1,267,548
Improvement market value
$4,036,941
Total market value
$5,304,489
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2007
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
13,743 SF
Lot
2.36 ac (102,802 SF)
Zoning code
CX-4
APN
1724.17-22-1256 0270835
UPID
US53-1486616
Jurisdiction
WAKE
Zoning & alternative use
CX-4 · Raleigh, NC
Zoning CX-4 · permitted uses
CX-4 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$4.1M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Ptshp LLP Casselberry
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2014
$5,150,000
Ptshp LLP Casselberry
44 Walker LLC
Grant Deed
—
Apr 8, 2010
$4,833,500
44 Walker LLC
New Bern Avenue Realty LLC
Grant Deed
$3,512,405 · Wells Fargo Bk Northwest (ce)
Jun 29, 2006
$612,000
New Bern Avenue Realty LLC
Mechanics & Farmers Bank
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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