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Property profile & analytics
OFF-MARKET
Retail space
10016 Fayetteville Rd Fuquay Varina, NC 27526-9299
Individually Owned
5-yr Hold
Free & Clear
Property ID
US53-0362474
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
FRAME
Total area
2,273 SF
Lot
0.97 ac (42,253 SF)
Zoning code
GC
APN
0688.03-44-0573 0067576
UPID
US53-0362474
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
Current use
Occupant on record · Public records
-
Galaxy Auto Sale Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wassfi Y Abazid · 5 yrs held
Wassfi Y Abazid
since 2020
Last sale
$321,500
7 recorded transactions
Zoning & alternative use
GC · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC zoning district is intended to permit a mix of high intensity nonresidential development of convenience services, retail, office, institutional, regional retail shopping, employment centers, and service uses. This district is generally located at intersections of and along arterial roads (freeways, expressways, parkways, and boulevards) and major thor…
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
512.43 ac
Source
Realmo
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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,031
Tax year 2024
Assessed value
$488,005
Assessed 2024
Previous assessed
$385,976
+26.4% YoY
Effective rate
0.62%
On assessed value
Assessed land
$296,616
Assessed improvement
$191,389
Land market value
$296,616
Improvement market value
$191,389
Total market value
$488,005
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
6
Total area
2,273 SF
Lot
0.97 ac (42,253 SF)
Zoning code
GC
APN
0688.03-44-0573 0067576
UPID
US53-0362474
Jurisdiction
WAKE
Zoning & alternative use
GC · Fuquay Varina, NCZoning GC · permitted uses
GC · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC zoning district is intended to permit a mix of high intensity nonresidential development of convenience services, retail, office, institutional, regional retail shopping, employment centers, and service uses. This district is generally located at intersections of and along arterial roads (freeways, expressways, parkways, and boulevards) and major thoroughfares serving 2 miles or greater in area. Public utilities are required.
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
512.43 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
6
Lot
0.97 ac
Current owner
From public records · entity-resolved
Wassfi Y Abazid
Individual
Free & Clear · 5 yrs held
Mailing address
2124 STILLNESS POND LN, APEX, NC 27539-9204
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2020
—
Wassfi Y Abazid
Ziad Y L Abazid
Quit Claim Deed
related
—
Nov 15, 2017
$321,500
Wassfi Y Abazid
Jc Boone Properties LLC
Warranty Deed
—
Aug 27, 2015
$300,000
Jc Boone Properties LLC
Car Biz LLC
Grant Deed
—
Jan 12, 2015
$300,000
Jc Boone Properties LLC
Car Biz LLC
Warranty Deed
$240,000 · First Bk
Sep 17, 2013
$325,000
Car Biz LLC
Young,durwood K & Sandra K
Warranty Deed
$321,000 · Durwood K Young
Oct 27, 2005
$164,000
Durwood K Young
Stephenson,tommy G & Marie B
Warranty Deed
—
Jan 20, 2005
$158,410
Tommy G Stephenson
Pope & Pope Pa
Trustees 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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