Realmo Analytics

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Property profile

1001 Davis Dr Apex, NC 27523

FOR LEASE
Retail space
Property ID
US53-0074898
9,960 SF 2.41 ac lot Built 2006
Last sale Aug 2026 · $5,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-tenant neighborhood retail center contains 15,535 square feet of rentable building area on a 2.41-acre site. The property was completed in 2006 and is configured for multiple retail users. It is situated at the signalized intersection of 1001 Davis Drive in Apex, North Carolina, near the Davis Drive and Old Jenks Road corridor, within Wake County and in proximity to areas associated with residential growth.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$39k
Tax billed · 2023
Assessed value$3.56M
Assessed land$803k
Assessed improvement$2.75M
Effective rate1.10%

Value estimate

· Oct 2026
$2.71M
$2.43M – $2.98M
CAP approach$2.72M
Submarket $/SF estimate$3.23M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$217/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$102 – $368
Qualifying comparables14

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?
PUD-CU
The purpose of the PUD-CZ Planned Unit Development District is to permit variations in order to allow flexibility for landowners to creat...
General categoryPLANNED_DEVELOPMENT
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.6
Restaurant19.0
Law Firm18.3

Location

1001 Davis Dr Apex, NC 27523
County assessor Recorded deeds · 15 transfers 14 qualifying comp sales 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

3 recorded sales · 12 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8321 Jenks, Apex, NC 27523-7829 $2,209,000 Mar 2025 2,601 SF
908 Us 64th W, Apex, NC 27523-7184 $1,680,000 Jun 2021 1,873 SF
12927 Us 64th E, Apex, NC 27523-7901 $328,000 Sep 2019 10,000 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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