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Property profile & analytics
OFF-MARKET
Estimated value
$4,410,000
Retail space
10920 Star Rd Wake Forest, NC 27587-7772
Entity Owned
Free & Clear
Property ID
US53-2087557
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
METAL FRAME
Total area
14,856 SF
Lot
10 ac (435,600 SF)
Zoning code
HB
APN
1739.02-68-7478 0257176
UPID
US53-2087557
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
-
Capital Powersports Auto Repair Shop Motorcycle Shop
-
Carolinas Collision Centers of Wake Forest Auto Repair Shop
-
Carolinas Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.06M
Comparable Approach
Comparable
$4.86M
Blend (final)
Blend
$4.41M
Owner & transaction history
Capital Motorsports LLC
Capital Motorsports LLC
since 2026
3 recorded transactions
Zoning & alternative use
HB · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.1M
+44.6%
Commercial (general)
$4.9M
+39.2%
Medical building
$4.8M
+36.0%
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 Wake Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wake Forest 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,395,000
6.5%
$4,055,000
7%
$3,765,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,550,000
Current use
AUTO REPAIR, GARAGE
$5,130,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,940,000
Change: +39% · Conversion: Easy
MEDICAL BUILDING
$4,825,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$3,220,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$4.41M
Range $3.97M – $4.85M · ±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
$297 / 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
$74,995
Tax year 2023
Assessed value
$6,453,978
Assessed 2023
Previous assessed
$6,453,978
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$4,356,000
Assessed improvement
$2,097,978
Land market value
$4,356,000
Improvement market value
$2,097,978
Total market value
$6,453,978
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
14,856 SF
Lot
10 ac (435,600 SF)
Zoning code
HB
APN
1739.02-68-7478 0257176
UPID
US53-2087557
Jurisdiction
WAKE
Zoning & alternative use
HB · Wake Forest, NC
Zoning HB · permitted uses
HB · Wake Forest, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wake Forest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.8M
OFFICE BUILDING
Est. value
$3.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
10 ac
Current owner
From public records · entity-resolved
Capital Motorsports LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4900 LEIGH DR, RALEIGH, NC 27616-2804
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
—
Capital Motorsports LLC
Wake Forest LLC
Deed
—
Apr 17, 2012
$1,550,000
Capital Props Of Wake Forest LLC
Luck Stone Corp
Warranty Deed
related
$1,550,000 · Bank Of America
Jan 6, 2004
—
Luck Stone Corp
Southern States Cooperative In
Grant Deed
related
—
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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