Property profile

1101 Old Raleigh Rd Apex, NC 27502

OFF-MARKET
Auto shops
Property ID
US53-2192927
5,124 SF 0.87 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2007
Construction CONCRETE BLOCKS
Total area 5,124 SF
Lot 0.87 ac (37,897 SF)
Zoning code PC
APN 0742.19-62-9178 0222117
UPID US53-2192927

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
  • Car Wash

Location

1101 Old Raleigh Rd Apex, NC 27502-1498
Apex metro Census 53436 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.74M

Owner & transaction history

since 2020
Last sale
$1.2M
7 recorded transactions
2022
Price N/A
2020
$1.2M
2011
Price N/A
2007
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

PC · Apex, NC
Zoning description

PC Planned Commercial District The purpose and intent of the PC Planned Commercial District is to encourage the development of a moderate and high intensity mix of convenience and city- wide serving convenience and regio…

General category COMMERCIAL

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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