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    Property profile & analytics

    1010 Forestville Rd Wake Forest, NC 27587-9361

    • Drive through restaurants
    • 5,091 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $3,150,000
    Last Sale
    Jun 11, 2020
    $2,425,000
    Location Intelligence
    Property ID
    US53-4670465
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chick-fil-A / Caterer / Breakfast Restaurant

    Property Details for 1010 Forestville Rd

    Year built
    2019
    Construction
    BRICK
    Lot size
    1.10 lot acres
    Property size
    5,091 SF
    Zone code
    NB
    Property type
    Drive through restaurants
    APN
    1749.02-69-0548 0446391
    APU
    1749026905480446391

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5066
    Latitude
    35.946
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,558
    $790,614
    $1,322,825
    $2,113,439
    -
    $790,614
    $1,322,825
    $2,113,439

    Comparable in this City

    • Value Estimation by Request
      4,469 SF

      1001 Forestville Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,469 SF
      1001 Forestville Rd, Wake Forest, NC 27587
      View Details
    • Value Estimation
      $760,000
      1,180 SF

      12271 Capital Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,180 SF
      12271 Capital Blvd, Wake Forest, NC 27587-6200
      View Details
    • Value Estimation
      $1,745,000
      3,972 SF

      12301 Capital Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,972 SF
      12301 Capital Blvd, Wake Forest, NC 27587-7485
      View Details
    • Value Estimation by Request
      3,702 SF

      2104 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,702 SF
      2104 Main St, Wake Forest, NC 27587-8817
      View Details
    • Value Estimation by Request
      4,437 SF

      2819 Rogers Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,437 SF
      2819 Rogers Rd, Wake Forest, NC 27587-3893
      View Details
    • Value Estimation
      $420,000
      1,640 SF

      991 Durham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,640 SF
      991 Durham Rd, Wake Forest, NC 27587-8794
      View Details

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    Property Visit Statistics

    • Visits by month
      75.4k
    • Visitors by month
      37.5k
    • Avg Time on site
      10 min
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    Wake Forest, NC 27587-9361
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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