Entity Owned Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1981
Construction
METAL FRAME
Total area
237,537 SF
Lot
24.6 ac (1,071,576 SF)
Zoning code
C-BAC
APN
0756.01-38-2750 0186624
UPID
US53-1007504
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
High School
-
Real Estate Agency
-
Clothing & Fashion Store
-
Consultant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.64M
Blend (final)
Blend
$10.58M
Owner & transaction history
since 2021
7 recorded transactions
Zoning & alternative use
C-BAC · Morrisville, NC
Zoning description
It is intended to provide for a mix of residential, local retail, and office opportunities in the nature of a small mixed-use community center, primarily oriented around a surrounding office or industrial concentration
General category
MIXED_USE
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
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
$10.58M
Value range
$9.52M – $11.64M
±10% around blend
Estimated value / SF
$45 / SF
Confidence
Property data
100
Comparable evidence
60
$9.52M
blend $10.58M
$11.64M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
237,537 SF
Lot area
24.6 ac
Year built
1981
Stories
1
APN
0756.01-38-2750 0186624
Zoning
C-BAC
Assessed value
$136,788,698
Annual tax
$1,194,020
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
$9.64M
Range $3.98M – $12.04M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$10.58M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$136.79M
Move the market yield to see immediate price impact.
Value / SF
$576
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%
$8.62M
$172.35M
$123.11M
$95.75M
$9.58M
$191.50M
$136.79M
$106.39M
$10.53M
$210.65M
$150.47M
$117.03M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,194,020
Tax year 2024
Assessed value
$136,788,698
Assessed 2024
Previous assessed
$136,788,698
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$22,323,073
Assessed improvement
$114,465,625
Land market value
$22,323,073
Improvement market value
$114,465,625
Total market value
$136,788,698
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1981
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
237,537 SF
Lot
24.6 ac (1,071,576 SF)
Zoning code
C-BAC
APN
0756.01-38-2750 0186624
UPID
US53-1007504
Jurisdiction
WAKE
Zoning & alternative use
C-BAC · Morrisville, NCZoning C-BAC · permitted uses
C-BAC · Morrisville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
It is intended to provide for a mix of residential, local retail, and office opportunities in the nature of a small mixed-use community center, primarily oriented around a surrounding office or industrial concentration
General category
MIXED_USE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
24.6 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
C-BAC
MIXED_USE
Jurisdiction
Morrisville, NC
Recorded code
C-BAC
Official district
C-BAC
Official district profile
What the municipal code says about C-BAC
Zoning description
It is intended to provide for a mix of residential, local retail, and office opportunities in the nature of a small mixed-use community center, primarily oriented around a surrounding office or industrial concentration
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-BAC in Morrisville, 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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