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Property profile & analytics
FOR LEASE
Strip malls
1030 North Rogers Ln, Raleigh, NC 27610
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-1586562
For Lease
1 / 3
$7,410,000
1030 North Rogers Ln, Raleigh, NC 27610
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Construction
FRAME
Total area
37,600 SF
Lot
11.4 ac (496,584 SF)
Zoning code
PD
APN
1734.14-33-9337 0305549
UPID
US53-1586562
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
-
Digital Forensics IT Consulting Firm Tech Support Center
-
Asurion Appliance Repair Home Appliance Store
-
Z-Fitness with Jacque Inc. Gym & Fitness Center
-
iLead Kids Camp Daycare Center
-
Learning World Childcare & Preschool High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.41M
Owner & transaction history
Ardena Edgewater LLC · 8 yrs held
Ardena Edgewater LLC
since 2017
4 recorded transactions
Zoning & alternative use
PD · Raleigh, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$197 / 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
$112,666
Tax year 2023
Assessed value
$10,336,338
Assessed 2023
Previous assessed
$10,336,338
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,107,048
Assessed improvement
$7,229,290
Land market value
$3,107,048
Improvement market value
$7,229,290
Total market value
$10,336,338
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2003
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
37,600 SF
Lot
11.4 ac (496,584 SF)
Zoning code
PD
APN
1734.14-33-9337 0305549
UPID
US53-1586562
Jurisdiction
WAKE
Zoning & alternative use
PD · Raleigh, NC
Zoning PD · permitted uses
PD · 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.
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
11.4 ac
Current owner
From public records · entity-resolved
Ardena Edgewater LLC
Entity
Mailing address
PO BOX 13470, RICHMOND, VA 23225-8470
Ownership since
2017
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
Sep 8, 2017
—
Ardena Edgewater LLC
—
Deed
related
$7,070,000 · Morgan Stanley Bk
Aug 31, 2017
$10,100,000
Ardena Edgewater LLC
Op Edgewater LLC
Grant Deed
$7,070,000 · Morgan Stanley Bk
Sep 2, 2015
$12,375,000
Op Edgewater LLC
Kimco Wakefield Route 64 LP
Grant Deed
—
—
—
Ardena Edgewater LLC
—
Deed Of Trust
related
$7,070,000 · Morgan Stanley 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.
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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