Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,065,000
Outlet malls
1051 Broad St Fuquay Varina, NC 27526-1799
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-2004404
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2001
Construction
CONCRETE BLOCKS
Total area
149,975 SF
Lot
18.73 ac (815,879 SF)
Zoning code
GC
APN
0667.04-41-9356 0297291
UPID
US53-2004404
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
-
Walmart Bakery Bakery Specialty Food Shop
-
Walmart Money Center Bank Credit Union
-
Western Union Bank Credit Union
-
Walmart Patio & Garden Services Landscaping General Contractor
-
Walmart Baby & Nursery Services Social Service Agency Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.11M
Blend (final)
Blend
$14.07M
Owner & transaction history
Wm Fuquay Lllp · 5 yrs held
Wm Fuquay Lllp
since 2020
Last sale
$13.6M
4 recorded transactions
Zoning & alternative use
GC · Fuquay Varina, 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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$19,365,000
ML approach
$10,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.07M
Range $12.66M – $15.47M · ±10% · vs last sale $13.62M (Dec 11 2020)
Last sale anchor
$13.62M
Dec 11 2020
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 2024Property tax & assessments
Tax year 2024
Tax billed
$109,077
Tax year 2024
Assessed value
$12,515,978
Assessed 2024
Previous assessed
$12,515,978
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$7,330,195
Assessed improvement
$5,185,783
Land market value
$7,330,195
Improvement market value
$5,185,783
Total market value
$12,515,978
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2001
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
149,975 SF
Lot
18.73 ac (815,879 SF)
Zoning code
GC
APN
0667.04-41-9356 0297291
UPID
US53-2004404
Jurisdiction
WAKE
Zoning & alternative use
GC · Fuquay Varina, NC
Zoning GC · permitted uses
GC · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
18.73 ac
Current owner
From public records · entity-resolved
Wm Fuquay Lllp
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2020
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
Dec 11, 2020
—
Wm Fuquay Lllp
Agree Fuquay-varina Nc Wm LLC
Grant Deed
related
—
Jan 22, 2020
—
Wm Fuquay Lllp
William Fuquay Lllp
Quit Claim Deed
related
—
Jan 22, 2020
$13,618,500
Agree Fuquay-varina Nc Wm LLC
William Fuquay Lllp
Grant Deed
—
Sep 26, 2016
—
Wm Fuquay Lllp
—
Grant Deed
related
$42,912,584 · Us 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1051 Broad St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
