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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Garden apartment buildings
11050 Ligon Ml Rd, Wake Forest, NC 27587-3327
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US53-2337340
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2023
Construction
FRAME
Total area
25,920 SF
Lot
1.6 ac (69,696 SF)
Zoning code
PUD
APN
1830.12-86-5290 0484532
UPID
US53-2337340
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
$1.84M
Owner & transaction history
Cje Properties 3 LLC · 1 yrs held
Cje Properties 3 LLC
since 2024
7 recorded transactions
Zoning & alternative use
PUD · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$71 / 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
$91,204
Tax year 2024
Assessed value
$9,770,124
Assessed 2024
Previous assessed
$9,770,124
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$355,200
Assessed improvement
$9,414,924
Land market value
$355,200
Improvement market value
$9,414,924
Total market value
$9,770,124
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2023
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
12
Total area
25,920 SF
Lot
1.6 ac (69,696 SF)
Zoning code
PUD
APN
1830.12-86-5290 0484532
UPID
US53-2337340
Jurisdiction
WAKE
Zoning & alternative use
PUD · Wake Forest, NC
Zoning PUD · permitted uses
PUD · 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.
Building & site characteristics
From public records
Year built
2023
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
12
Lot
1.6 ac
Current owner
From public records · entity-resolved
Cje Properties 3 LLC
Entity
Mailing address
833 FLASH DR #200, ROLESVILLE, NC 27571-8208
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
—
Cje Properties 3 LLC
Sharon Carlisle
Warranty Deed
—
Aug 1, 2024
$455,000
Devyn Williams
Stanley Martin Homes LLC
Special Warranty Deed
$409,500 · Nationstar Mortgage LLC
Jul 30, 2024
$355,000
Thomas Kuryla
Stanley Martin Homes LLC
Special Warranty Deed
$180,000 · First Heritage Mortgage LLC
Jul 25, 2024
$365,000
Sharon V Carlisle
Stanley Martin Homes LLC
Special Warranty Deed
$273,750 · First Heritage Mortgage LLC
Jul 15, 2024
$350,000
Chasity Aleah Locke
Stanley Martin Homes LLC
Special Warranty Deed
$350,000 · State Employees Cu
Jul 15, 2024
$365,000
Michelle Antonette Claudio
Stanley Martin Homes LLC
Special Warranty Deed
$292,000 · First Heritage Mortgage LLC
Jul 12, 2024
$445,000
Elnora Selena Carlisle
Stanley Martin Homes LLC
Special Warranty Deed
$400,500 · First Heritage Mortgage LLC
Jul 10, 2024
$404,000
Joshua Turner
Stanley Martin Homes LLC
Special Warranty Deed
$323,200 · First Heritage Mortgage LLC
Apr 8, 2024
$445,000
Joshua Goguen
Stanley Martin Homes LLC
Special Warranty Deed
—
Apr 5, 2024
$450,000
Alpesh Thaker
Stanley Martin Homes LLC
Special Warranty Deed
$337,500 · First Heritage Mortgage LLC
Apr 4, 2024
$380,000
Inna Sinigur
Stanley Martin Homes LLC
Special Warranty Deed
$368,600 · First Heritage Mortgage LLC
Mar 26, 2024
$340,000
E&d Hawkstone LLC
Stanley Martin Homes LLC
Special Warranty Deed
—
Mar 20, 2024
$348,000
Lgw Properties LLC
Stanley Martin Homes LLC
Special Warranty Deed
—
Mar 19, 2024
$355,000
Beverly Ann Boan
Stanley Martin Homes LLC
Special Warranty Deed
$284,000 · First Heritage Mortgage LLC
Mar 15, 2024
$370,000
Joshua Goguen
Stanley Martin Homes LLC
Special Warranty Deed
—
Mar 14, 2024
$348,000
Tommy Scuderi
Stanley Martin Homes LLC
Special Warranty Deed
—
Feb 8, 2024
$435,000
Barbara M Ambrose
Stanley Martin Homes LLC
Special Warranty Deed
$413,250 · Alcova Mortgage LLC
Dec 29, 2023
$430,000
Latonya D Montford
Stanley Martin Homes LLC
Special Warranty Deed
$344,000 · First Heritage Mortgage LLC
Dec 20, 2023
$400,000
Mark Striemer
Stanley Martin Homes LLC
Special Warranty Deed
$300,000 · First Heritage Mortgage LLC
Dec 11, 2023
$351,000
Debra Ann Muccio
Stanley Martin Homes LLC
Special Warranty Deed
—
Dec 11, 2023
$375,000
Stanley Lawrence Sims
Stanley Martin Homes LLC
Special Warranty Deed
$281,250 · First Heritage Mortgage LLC
Dec 8, 2023
$455,000
Melissa Rocamora
Stanley Martin Homes LLC
Special Warranty Deed
$400,000 · Atlantic Bay Mortgage Group LLC
Dec 8, 2023
$375,000
Roman Bediner
Stanley Martin Homes LLC
Special Warranty Deed
$281,250 · First Heritage Mortgage LLC
Dec 8, 2023
$470,000
Roman Bediner
Stanley Martin Homes LLC
Special Warranty Deed
$352,500 · First Heritage Mortgage LLC
Dec 6, 2023
$355,000
Amanda D Fisher
Stanley Martin Homes LLC
Special Warranty Deed
$75,000 · First Heritage Mortgage LLC
Jan 25, 2023
—
Stanley Martin Homes LLC
Department Of Transportation
Quit Claim Deed
related
—
Jul 15, 2021
$10,500,000
Stanley Martin Homes LLC
G98 Commercial LLC
Special Warranty Deed
—
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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