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Property profile & analytics
OFF-MARKET
Car washes
10206 Chapel Hl Rd, Morrisville, NC 27560
Entity Owned
18-yr Hold
Free & Clear
Property ID
US53-5382639
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1991
Construction
BRICK
Total area
3,080 SF
Lot
0.48 ac (20,909 SF)
Zoning code
TCC
APN
0755.09-16-4392 0103897
UPID
US53-5382639
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
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
Ngb LLC · 18 yrs held
Ngb LLC
since 2008
2 recorded transactions
Zoning & alternative use
TCC · Morrisville, 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 Morrisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrisville 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,735
Tax year 2023
Assessed value
$261,194
Assessed 2023
Previous assessed
$261,194
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$122,318
Assessed improvement
$138,876
Land market value
$122,318
Improvement market value
$138,876
Total market value
$261,194
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1991
Construction
BRICK
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,080 SF
Lot
0.48 ac (20,909 SF)
Zoning code
TCC
APN
0755.09-16-4392 0103897
UPID
US53-5382639
Jurisdiction
WAKE
Zoning & alternative use
TCC · Morrisville, NC
Zoning TCC · permitted uses
TCC · Morrisville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrisville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Ngb LLC
Entity
Free & Clear · 18 yrs held
Mailing address
4925 TROTTER DR, RALEIGH, NC 27603-8266
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2008
$145,000
Ngb LLC
Coc Properties INC
Warranty Deed
related
—
May 9, 2008
—
Ngb LLC
Boyette,nelson G
Warranty Deed
related
$145,000 · Coc Properties INC
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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