Property profile

108 Salem St Apex, NC 27502

OFF-MARKET
Investment properties
Property ID
US53-1922067
6,110 SF 0.08 ac lot Built 1920
Individually Owned ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1920
Construction BRICK
Total area 6,110 SF
Lot 0.08 ac (3,485 SF)
Zoning code B2
APN 0742.18-41-1093 0036069
UPID US53-1922067

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic
  • Construction Company General Contractor
  • Specialty Food Shop Candy Store
  • Advertising Agency Marketing & Advertising

Location

108 Salem St Apex, NC 27502-1428
Apex metro Census 53429 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
$780k
Blend (final) Blend
$330k

Owner & transaction history

since 2025
Last sale
$9,500
5 recorded transactions
2025
$9,500
2022
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Apex, NC
Zoning description

B2 Downtown Business District The purpose and intent of the B2 Downtown Business District is to encourage the development of a high intensity, mixed-use, pedestrian-oriented downtown business district, with retail, finan…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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