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Property profile & analytics
OFF-MARKET
Office buildings
1101 Pemberton Hl Rd Ste 102 Apex, NC 27502-3957
Individually Owned
8-yr Hold
Free & Clear
Property ID
US53-0100121
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
BRICK
Total area
1,106 SF
Zoning code
PC-CU
APN
0732.12-86-0578 0301939
UPID
US53-0100121
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chetan V Deshmukh · 8 yrs held
Chetan V Deshmukh
since 2018
4 recorded transactions
Zoning & alternative use
PC-CU · Apex, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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 citywide serving convenience and regional retail and related uses within a planned environment at the intersections of the Towns arterials and major collector roads
Zone name
Planned Commercial Conditional Use
General category
COMMERCIAL
Zone area
274.64 ac
Source
Realmo
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 Apex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apex 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,167
Tax year 2023
Assessed value
$197,583
Assessed 2023
Previous assessed
$197,583
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed improvement
$197,583
Improvement market value
$197,583
Total market value
$197,583
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,106 SF
Zoning code
PC-CU
APN
0732.12-86-0578 0301939
UPID
US53-0100121
Jurisdiction
WAKE
Zoning & alternative use
PC-CU · Apex, NCZoning PC-CU · permitted uses
PC-CU · Apex, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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 citywide serving convenience and regional retail and related uses within a planned environment at the intersections of the Towns arterials and major collector roads
Zone name
Planned Commercial Conditional Use
General category
COMMERCIAL
Zone area
274.64 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2002
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Chetan V Deshmukh
Individual
Free & Clear · 8 yrs held
Mailing address
102 GRENDON PL, CARY, NC 27519-6945
Ownership since
2018
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
Jul 17, 2018
$195,000
Chetan V Deshmukh
Nri Real Estate LLC
Warranty Deed
—
May 2, 2007
$191,000
Nri Real Estate LLC
Jamestowne Homes INC
Grant Deed
—
Mar 16, 2007
$191,000
Nri Real Estate LLC
Jamestowne Homes INC
Warranty Deed
$171,900 · Wachovia Bank NA
—
—
Nri Real Estate LLC
—
Deed Of Trust
related
$198,000 · Fidelity 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.
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