Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10433 Ligon Ml Rd Wake Forest, NC 27587-4987

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10433 Ligon Ml Rd Wake Forest, NC 27587-4987

    View on Map
    • Office buildings
    • 750 SF
    • 0.02 lot acres
    Off-Market
    Property ID
    US53-0086314
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Green & Wooten Insurance / Insurance Agency
    • Telehealth Weight Loss NP / Weight Loss Service / Medical Office
    • Shelly Alasti, A-GNP, PMHNP-BC / Crisis Center / Medical Clinic
    • Kelly Cobb, PMHNP-BC / Crisis Center / Medical Clinic
    • Serenity Massage / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 10433 Ligon Ml Rd

    Year built
    2005
    Construction
    BRICK
    Lot size
    0.02 lot acres
    Property size
    750 SF
    Zone code
    HB
    Property type
    Office buildings
    APN
    1830.04-81-3376 0309940
    APU
    1830048133760309940

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5325
    Latitude
    35.9509
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,495
    $15,561
    $113,128
    $128,689
    -
    $15,561
    $113,128
    $128,689

    Comparable in this City

    • Value Estimation
      $2,095,000
      14,344 SF

      343 White St

      OFFICE BUILDING • 14,344 SF
      343 White St, Wake Forest, NC 27587-2916
      View Details
    • Value Estimation
      $1,565,000
      7,984 SF

      843 Wake Frst Business Park

      OFFICE BUILDING • 7,984 SF
      843 Wake Frst Business Park, Wake Forest, NC 27587-6577
      View Details
    • Value Estimation by Request
      984 SF

      116 Brks St

      OFFICE BUILDING • 984 SF
      116 Brks St, Wake Forest, NC 27587-2702
      View Details
    • Value Estimation by Request
      462 SF

      1776 Heritage Ctr Dr Ste, Unit 104

      OFFICE BUILDING • 462 SF
      1776 Heritage Ctr Dr Ste, Wake Forest, NC 27587-3977
      View Details
    • Value Estimation by Request
      624 SF

      1890 Main St Ste, Unit 106

      OFFICE BUILDING • 624 SF
      1890 Main St Ste, Wake Forest, NC 27587-9726
      View Details
    • Value Estimation
      $1,825,000
      8,193 SF

      3117 Rogers Rd Ste, Unit 200

      OFFICE BUILDING • 8,193 SF
      3117 Rogers Rd Ste, Wake Forest, NC 27587-7071
      View Details

    Similar Nearby for Sale

    • $1,400,000
      7,440 SF

      Downtown Wake Forest Historic Building

      Historic, fully leased building in downtown Wake Forest.
      210 White St, Wake Forest, NC 27587
      View Details
    • $1,390,000
      6.55 Acres

      Rolesville Land Near Future Facility

      6.55 acre site near future Wake Med facility.
      1200 Granite Falls Blvd, Rolesville, NC 27587
      View Details
    • Contact for pricing
      1,482 SF

      Wake Forest Commercial Property

      Commercial property in downtown Wake Forest suitable for redevelopment.
      306 Wait Ave, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      2,093 SF

      Medical Office Space For Sale

      Medical office space in a rapidly developing area.
      1904 s Main St, Wake Forest, NC 27587
      View Details
    • $274,900
      1,559 SF

      Unique Duplex in Wake Forest

      Two-bedroom duplex with modern updates and convenient location.
      411 W Oak Ave, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Wake Forest Corner Lot

      3.09-acre corner lot in Wake Forest, North Carolina.
      8824 Ligon Mill Rd, Wake Forest, NC 27587
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Executive Offices in Wake Forest

      Private offices with utilities included, convenient location, short-term leases.
      1890 S Main St, Wake Forest, NC 27587
      View Details
    • $17 SF/Yr

      Wake Forest Flex Space Available

      7,241 SF flex space with offices and warehouse areas.
      741 Merritt Capital Dr, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Wake Forest Office Suite

      Class B office suite in a growing commercial market.
      10520 Ligon Mill Rd, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Medical Office Building in Wake Forest

      Three-story medical office building available for lease in Wake Forest.
      11635 Northpark Dr, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Hampton Way Drive Office Space

      Flexible office leasing opportunity in Wake Forest, North Carolina.
      12316 Hampton Way Dr, Wake Forest, NC 27587
      View Details
    • $1,100 /Mo

      Wake Forest Office Condominium

      Office condominium in Heritage Office Center available for rent.
      1764 Heritage Center Dr, Wake Forest, NC 27587
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10433 Ligon Ml Rd
    Wake Forest, NC 27587-4987
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!