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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
High-rise multifamily apartments
1045 Glenn Vly Ln Indian Trail, NC 28079-0105
Entity Owned
Free & Clear
Property ID
US53-3586337
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2016
Construction
WOOD
Total area
8,446 SF
Lot
16.89 ac (735,685 SF)
Zoning code
MFR INDIAN TRAIL
APN
07-114-016
UPID
US53-3586337
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
$515k
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Bif II Indian Trail LLC
Bif II Indian Trail LLC
since 2025
Last sale
$495,000
7 recorded transactions
Zoning & alternative use
MFR INDIAN TRAIL · Indian Trail, 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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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
$515,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $495k (Aug 1 2025)
Last sale anchor
$495k
Aug 1 2025
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
$94 / 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
$259,164
Tax year 2023
Assessed value
$30,606,000
Assessed 2023
Previous assessed
$30,606,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$2,107,700
Assessed improvement
$28,498,300
Land market value
$2,107,700
Improvement market value
$28,498,300
Total market value
$30,606,000
Applied tax rate
620.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
YES
Buildings
9
Stories
2
Rooms
6
Bathrooms
2
Total area
8,446 SF
Lot
16.89 ac (735,685 SF)
Zoning code
MFR INDIAN TRAIL
APN
07-114-016
UPID
US53-3586337
Jurisdiction
UNION
Zoning & alternative use
MFR INDIAN TRAIL · Indian Trail, NC
Zoning MFR INDIAN TRAIL · permitted uses
MFR INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
WOOD
Heating
YES
Stories
2
Buildings
9
Rooms
6
Bathrooms
2
Lot
16.89 ac
Current owner
From public records · entity-resolved
Bif II Indian Trail LLC
Entity
Free & Clear · 0 yrs held
Mailing address
6191 N STATE HWY 161ST STE #100, IRVING, TX 75038-2290
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
$495,000
Bif II Indian Trail LLC
Mref II Indian Trail LLC
Special Warranty Deed
—
Nov 19, 2018
—
Carltons Rentals LLC
Bo-ty LLC
Grant Deed
—
Nov 19, 2018
$365,000
Mreff II Indian Trail LLC
Glen Oaks Investments LLC
Special Warranty Deed
$22,550,000 · Hunt Mortgage Partners LLC
Sep 13, 2018
—
Bo-ty LLC
—
Deed
related
$1,635,973 · First Nat'l Bk/pa
Aug 13, 2015
—
Bo Ty LLC
Glenn Oaks Investments LLC
Special Warranty Deed
—
Aug 13, 2015
$1,125,000
Bb Carolina Holdings LLC
Bo-ty LLC
Grant Deed
—
Jun 30, 2014
$2,250,000
Bo-ty LLC
Old Monroe Dev LLC
Warranty Deed
—
Dec 31, 2007
$416,000
Old Monroe Dev LLC
Helms,donald G & Myra S
Warranty Deed
—
—
—
Bo-ty LLC
—
Deed Of Trust
related
$1,635,973 · First Nat'l Bk/pa
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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