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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Warehouses
1012 Investment Blvd Apex, NC 27502-1978
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0176537
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
METAL FRAME
Total area
10,641 SF
Lot
2.14 ac (93,218 SF)
Zoning code
LI-CU
APN
0741.08-88-6756 0251342
UPID
US53-0176537
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
-
Spiral Graphics (Bike/Boat/Book/etc) Store Printing Service
-
Thales Academy Department Store
-
Nexstepz Apparel and Design Advertising Agency Marketing & Advertising
-
Triad Isotopes Inc Pharmacy
-
SLICRICS AUTO WORKS Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.03M
Owner & transaction history
Oc Properties LLC · 21 yrs held
Oc Properties LLC
since 2005
7 recorded transactions
Zoning & alternative use
LI-CU · Apex, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Apex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apex 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
Method
Estimation
Statistic approach
by Request
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,270,000
7%
$1,180,000
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
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
$20,997
Tax year 2024
Assessed value
$2,460,059
Assessed 2024
Previous assessed
$2,460,059
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$584,207
Assessed improvement
$1,875,852
Land market value
$584,207
Improvement market value
$1,875,852
Total market value
$2,460,059
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
METAL FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
10,641 SF
Lot
2.14 ac (93,218 SF)
Zoning code
LI-CU
APN
0741.08-88-6756 0251342
UPID
US53-0176537
Jurisdiction
WAKE
Zoning & alternative use
LI-CU · Apex, NC
Zoning LI-CU · permitted uses
LI-CU · Apex, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apex. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
Oc Properties LLC
Entity
Mailing address
117 WASSAW CT, HOLLY SPRINGS, NC 27540-9205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Aug 1, 2023
—
Oc Properties LLC
—
Deed
related
$565,000 · Townebank
Oct 9, 2020
—
Oc Properties LLC
—
Deed
related
$50,000 · Towne Bk
Mar 31, 2005
—
Oc Properties LLC
Williams,donnie W & Heather
Warranty Deed
$548,800 · Central Carolina Bank & Trust
Jun 25, 2002
$180,000
Donnie W Williams
Williams,donnie
Grant Deed
related
—
—
—
Oc Properties LLC
—
Deed Of Trust
related
$180,000 · Hodges Elizabeth C Trust (pt)
—
—
Oc Properties LLC
—
Deed Of Trust
related
$275,000 · Paragon Com'l Bk
—
—
Oc Properties LLC
—
Deed Of Trust
related
$50,000 · Towne Bk
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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