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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Auto shops
104 Waldron Ct, Morrisville, NC 27560-7217
Entity Owned
20-yr Hold
Free & Clear
Property ID
US53-0971153
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Construction
BRICK
Total area
10,116 SF
Lot
1.12 ac (48,787 SF)
Zoning code
IM
APN
0756.03-00-7957 0257718
UPID
US53-0971153
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
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$600k
Owner & transaction history
Tcc Properties LLC · 20 yrs held
Tcc Properties LLC
since 2005
7 recorded transactions
Zoning & alternative use
IM · 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
Method
Estimation
Statistic approach
by Request
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$59 / 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
$16,545
Tax year 2023
Assessed value
$1,580,263
Assessed 2023
Previous assessed
$1,580,263
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$228,323
Assessed improvement
$1,351,940
Land market value
$228,323
Improvement market value
$1,351,940
Total market value
$1,580,263
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2005
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
10,116 SF
Lot
1.12 ac (48,787 SF)
Zoning code
IM
APN
0756.03-00-7957 0257718
UPID
US53-0971153
Jurisdiction
WAKE
Zoning & alternative use
IM · Morrisville, NC
Zoning IM · permitted uses
IM · 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
2005
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.12 ac
Current owner
From public records · entity-resolved
Tcc Properties LLC
Entity
Free & Clear · 20 yrs held
Mailing address
104 WALDRON CT, MORRISVILLE, NC 27560-7217
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2008
—
Tcc Properties LLC
—
Trustees Deed
related
$175,000 · First Bank
Aug 15, 2005
—
Tcc Properties LLC
Rogers,milton & Rita T
Warranty Deed
related
—
Dec 7, 2004
—
Milts Body Shop
—
Trustees Deed
related
$960,000 · First Bank
Jul 1, 2003
$170,000
Milton Rogers
—
Grant Deed
related
—
Dec 13, 2002
—
Den Mark Properties LLC
Dove Associates
Grant Deed
related
—
—
—
Milton Rogers
—
Deed Of Trust
related
$71,597 · First Bank
—
—
Tcc Properties LLC
—
Deed Of Trust
related
$175,000 · Four Oaks Bank & Trust Co
—
—
Tcc Properties LLC
—
Deed Of Trust
related
$1,337,154 · First Bank
—
—
Tcc Properties LLC
—
Deed Of Trust
related
$1,600,000 · First Bank
—
—
Tcc Properties LLC
—
Deed Of Trust
related
$1,600,000 · Four Oaks Bank & Trust Co
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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