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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Day care centers
10955 Cleveland Rd B, Garner, NC 27529-8191
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1646465
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2006
Total area
8,886 SF
Lot
2.13 ac (92,783 SF)
Zoning code
COM
APN
06E03010
UPID
US53-1646465
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
-
Little Stepping Stones Daycare Center
-
Second Step Daycare Center
-
LSS High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.19M
Owner & transaction history
Premier Nc Garner LLC · 3 yrs held
Premier Nc Garner LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
COM · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+12.1%
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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
$2,185,000
ML approach
$2,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$1,770,000
Current use
RESTAURANT
$1,985,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$1,565,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$1,420,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10% · vs last sale $2.20M (Jan 13 2022)
Last sale anchor
$2.20M
Jan 13 2022
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
$246 / 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
$12,377
Tax year 2024
Assessed value
$1,528,000
Assessed 2024
Previous assessed
$1,528,000
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$459,640
Assessed improvement
$1,068,360
Land market value
$459,640
Improvement market value
$1,068,360
Total market value
$1,528,000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2006
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
14
Total area
8,886 SF
Lot
2.13 ac (92,783 SF)
Zoning code
COM
APN
06E03010
UPID
US53-1646465
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Garner, NC
Zoning COM · permitted uses
COM · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
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
2006
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
14
Lot
2.13 ac
Current owner
From public records · entity-resolved
Premier Nc Garner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
902 CARNEGIE CTR STE #520, PRINCETON, NJ 08540-6531
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
—
Premier Nc Garner LLC
Scf Rc Funding IV LLC
Lease
—
Jan 13, 2022
$2,200,000
Scf Rc Funding IV LLC
Aem LLC
Special Warranty Deed
—
Dec 7, 2018
—
A E M LLC
—
Deed
related
$1,100,000 · Branch Bk&tr
Feb 1, 2018
$236,000
Michael J Knight
Wynn Construction INC
Warranty Deed
—
Nov 17, 2005
$230,000
Aem LLC
Johnson,brant A JR & Peggy L
Grant Deed
related
—
Jun 28, 2005
—
Brant A Johnson JR.
Johnson,kevin T & Donna B
Quit Claim Deed
related
—
—
—
A E M LLC
—
Deed Of Trust
related
$1,100,000 · Branch Bk&tr
—
—
Aem LLC
—
Deed Of Trust
related
$236,397 · Four Oaks Bank & Trust Co
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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