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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Investment properties
10308 Holly Spgs Rd, Holly Springs, NC 27540-9038
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-0110677
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1993
Construction
BRICK
Total area
3,072 SF
Lot
0.92 ac (40,075 SF)
Zoning code
LB
APN
0659.14-43-2768 0282555
UPID
US53-0110677
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
$830k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$620k
Owner & transaction history
Blue Nile Properties LLC · 5 yrs held
Blue Nile Properties LLC
since 2021
Last sale
$610,000
6 recorded transactions
Zoning & alternative use
LB · Holly Springs, 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 Holly Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holly Springs 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
$790,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,020,000
Current use
MEDICAL BUILDING
$1,000,000
Change: -2% · Conversion: Easy
RETAIL STORES
$970,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $610k (Feb 3 2021)
Last sale anchor
$610k
Feb 3 2021
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
$202 / 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
$168
Tax year 2023
Assessed value
$470,354
Assessed 2023
Previous assessed
$470,354
+0.0% YoY
Effective rate
0.04%
On assessed value
Assessed land
$320,600
Assessed improvement
$149,754
Land market value
$320,600
Improvement market value
$149,754
Total market value
$470,354
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1993
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
3,072 SF
Lot
0.92 ac (40,075 SF)
Zoning code
LB
APN
0659.14-43-2768 0282555
UPID
US53-0110677
Jurisdiction
WAKE
Zoning & alternative use
LB · Holly Springs, NC
Zoning LB · permitted uses
LB · Holly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holly Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$970,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
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
1993
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Blue Nile Properties LLC
Entity
Mailing address
113 ENO DR, HOLLY SPRINGS, NC 27540-6001
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2021
$610,000
Blue Nile Properties LLC
Expanding The Experience LLC
Warranty Deed
$493,000 · The Fidelity Bank
Jul 2, 2015
$475,000
Expanding Experience LLC
10308 Holly Springs Road LLC
Warranty Deed
$615,000 · Yadkin Bk
Oct 25, 2006
$270,000
10308 Holly Springs Road LLC
Doddi,krishna P
Warranty Deed
$280,000 · Crescent State Bank
Apr 4, 2001
—
Krishm P Doddi
—
Deed Of Trust
related
—
—
—
10308 Holly Springs Road LLC
—
Deed Of Trust
related
$400,000 · North State Bank
—
—
Krishna P Doddi
—
Deed Of Trust
related
$30,000 · Washington Mutual Fsb
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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