Entity Owned Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1995
Construction
FRAME
Total area
19,530 SF
Lot
32.7 ac (1,424,412 SF)
Zoning code
RMFP
APN
0765.15-53-4335 0205040
UPID
US53-1658854
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$83.79M
Blend (final)
Blend
$77.42M
Owner & transaction history
since 2022
Last sale
$73.4M
7 recorded transactions
Zoning & alternative use
RMFP · Cary, NC
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 12 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$77.42M
Value range
$69.68M – $85.16M
±10% around blend
Estimated value / SF
$3,964 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$69.68M
blend $77.42M
$85.16M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
19,530 SF
Lot area
32.7 ac
Year built
1995
Stories
3
APN
0765.15-53-4335 0205040
Zoning
RMFP
Assessed value
$46,264,935
Annual tax
$469,335
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$561k
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.8 mi away · 17,342 SF
8.8 mi away · 17,342 SF
8.8 mi away · 17,342 SF
8.8 mi away · 17,342 SF
8.8 mi away · 17,342 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$77.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 26 sales
$3,882
+2%
County 175 sales
$2,009
+97%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $3,964/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
Not available
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: replacement-cost inputs are not on file.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$73.38M
Move the market yield to see immediate price impact.
Value / SF
$3,757
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
5.00%7.00%9.00%
$4.62M
$92.45M
$66.04M
$51.36M
$5.14M
$102.73M
$73.38M
$57.07M
$5.65M
$113.00M
$80.71M
$62.78M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$400k
8.8 mi · Dec 2025 · $23/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$469,335
Tax year 2023
Assessed value
$46,264,935
Assessed 2023
Previous assessed
$46,264,935
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$11,016,000
Assessed improvement
$35,248,935
Land market value
$11,016,000
Improvement market value
$35,248,935
Total market value
$46,264,935
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
1995
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
24
Rooms
1338
Total area
19,530 SF
Lot
32.7 ac (1,424,412 SF)
Zoning code
RMFP
APN
0765.15-53-4335 0205040
UPID
US53-1658854
Jurisdiction
WAKE
Zoning & alternative use
RMFP · Cary, NCZoning RMFP · permitted uses
RMFP · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1995
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
24
Rooms
1338
Lot
32.7 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RMFP
Jurisdiction
Cary, NC
Recorded code
RMFP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RMFP in Cary, NC.
What opens after registration
Zoning profile
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.
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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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