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Property profile & analytics
OFF-MARKET
Estimated value
$6,870,000
Retail space
10251 Little Brier Crk Ln, Raleigh, NC 27617-4268
Individually Owned
4-yr Hold
Free & Clear
Property ID
US53-1312094
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
BRICK
Total area
17,391 SF
Lot
2.07 ac (90,169 SF)
Zoning code
CX-5
APN
0768.01-36-6740 0304768
UPID
US53-1312094
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
-
Firehouse Subs Brier Creek Take-out & Catering
-
Papa John's Pizza Restaurant
-
CPR Cell Phone Repair Raleigh Computer & Electronic Repair Tech Support Center
-
Official Puffy® Mattress Store Furniture & Home Goods
-
Jill's Beach Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.48M
Comparable Approach
Comparable
$9.12M
Blend (final)
Blend
$6.87M
Owner & transaction history
L Brett Wells Dds V PLLC · 4 yrs held
L Brett Wells Dds V PLLC
since 2021
4 recorded transactions
Zoning & alternative use
CX-5 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$9.6M
+40.2%
Restaurant
$9.5M
+38.4%
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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,845,000
6.5%
$4,475,000
7%
$4,155,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,835,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,585,000
Change: +40% · Conversion: Moderate
RESTAURANT
$9,455,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,640,000
Change: -17% · Conversion: Easy
MEDICAL BUILDING
$5,485,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$6.87M
Range $6.18M – $7.56M · ±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
$395 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$47,928
Tax year 2023
Assessed value
$4,397,099
Assessed 2023
Previous assessed
$4,397,099
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$2,092,637
Assessed improvement
$2,304,462
Land market value
$2,092,637
Improvement market value
$2,304,462
Total market value
$4,397,099
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
2004
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
17,391 SF
Lot
2.07 ac (90,169 SF)
Zoning code
CX-5
APN
0768.01-36-6740 0304768
UPID
US53-1312094
Jurisdiction
WAKE
Zoning & alternative use
CX-5 · Raleigh, NC
Zoning CX-5 · permitted uses
CX-5 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.6M
RESTAURANT
Est. value
$9.5M
COMMERCIAL (GENERAL)
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$5.5M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
L Brett Wells Dds V PLLC
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 17102, RALEIGH, NC 27619-7102
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2021
—
L Brett Wells Dds V PLLC
Little Brier Creek Associates LLC
Lease
—
Dec 1, 2011
$4,000,000
Little Brier Creek Assocs LLC
Weingarten Rlty Invtrs
Grant Deed
$3,450,000 · Branch Bk&tr
Jul 17, 2006
$4,550,000
Realty Investors Weingarten
Chaucer Investments LLC
Warranty Deed
—
Apr 13, 2004
—
Chaucer Investments LLC
—
Grant Deed
related
$1,500,000 · Bank Of America
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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