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Property profile & analytics
OFF-MARKET
Assisted living facilities
1130 Fls Riv Ave, Raleigh, NC 27614-7772
Entity Owned
~
Est. High Equity
Property ID
US53-0409076
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1999
Construction
FRAME
Total area
19,424 SF
Lot
3.68 ac (160,301 SF)
Zoning code
PD
APN
1728.01-25-2286 0251006
UPID
US53-0409076
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
-
Falls River Court Nursing Home Retirement Community
-
Alexis Lucas Physician
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
North Raleigh Senior Properties LLC
North Raleigh Senior Properties LLC
since 2025
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
PD · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$39,058
Tax year 2023
Assessed value
$3,583,324
Assessed 2023
Previous assessed
$3,583,324
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$966,615
Assessed improvement
$2,616,709
Land market value
$966,615
Improvement market value
$2,616,709
Total market value
$3,583,324
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
32
Total area
19,424 SF
Lot
3.68 ac (160,301 SF)
Zoning code
PD
APN
1728.01-25-2286 0251006
UPID
US53-0409076
Jurisdiction
WAKE
Zoning & alternative use
PD · Raleigh, NC
Zoning PD · permitted uses
PD · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
32
Lot
3.68 ac
Current owner
From public records · entity-resolved
North Raleigh Senior Properties LLC
Entity
Mailing address
1110 FLS RIV AVE NW #8, RALEIGH, NC 27614-7772
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2025
$5,160,500
North Raleigh Senior Properties LLC
1130 Falls River Avenue Holdings Ll
Special Warranty Deed
$14,577,500 · The Fidelity Bank
Jul 27, 2023
$4,150,000
1130 Falls River Avenue Holdings Ll
Ncfc Services LLC
Trustees Deed
related
—
Dec 21, 2012
—
Lsref Golden Prop 26 Nc LLC
—
Deed Of Trust
related
$10,396,226 · General Electric Capital Corp
Jan 23, 2009
$4,198,000
Lsref Golden Prop 26 Nc LLC
Falls Riv Court Memory Care Ll
Grant Deed
—
Jan 23, 2009
—
Lsref Golden Prop 26 Nc LLC
—
Deed Of Trust
related
$173,461,608 · General Electric Capital Corp
Sep 7, 2005
$1,500,000
Falls Riv Court Memory Care Ll
Raleigh Real Estate Invtrs
Grant Deed
$2,700,000 · Vestin Mortgage INC
Feb 23, 2004
$3,400,000
Riv Village Assisted Liv Falls
Raleigh Real Estate Invtrs
Grant Deed
$3,075,000 · First State Bank Thermopolis
Dec 9, 2002
$1,400,000
Raleigh Real Estate Invest
Third Party Inve
Grant Deed
—
—
—
Lsref Golden Prop 26 Nc LLC
—
Deed Of Trust
related
$10,396,226 · General Electric Capital Corp
—
—
Falls Riv Court Memory Care Ll
—
Deed Of Trust
related
$175,000 · General Electric Capital Corp
—
—
Lsref Golden Prop 26 Nc LLC
—
Deed Of Trust
related
$4,167,000 · Cbre Cap Markets
—
—
Lsref Golden Prop 26 Nc LLC
—
Deed Of Trust
related
$79,500,000 · General Electric Capital Corp
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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