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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Retail space
1140 Benson Rd Garner, NC 27529-4659
Individually Owned
6-yr Hold
Free & Clear
Property ID
US53-1322903
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
METAL FRAME
Total area
5,000 SF
Lot
3 ac (130,680 SF)
Zoning code
NMX
APN
1710.07-67-1569 0112356
UPID
US53-1322903
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
-
Upscale Cutz Barber Shop
-
RHD Property Inc Hardware & Home Improvement Interior Design
-
Frederick's Christian Counseling Counselor Family Counselor
-
rhd logistics llc Logistics Company Freight Service
-
Solomon's Porch Florist & Gifts (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$1.12M
Owner & transaction history
Timber Crossing Office Bldg In · 6 yrs held
Timber Crossing Office Bldg In
since 2019
5 recorded transactions
Zoning & alternative use
NMX · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+9.2%
Commercial (general)
$1.7M
+5.1%
Medical building
$1.6M
+2.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,365,000
7%
$1,265,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,580,000
Current use
AUTO REPAIR, GARAGE
$1,725,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,665,000
Change: +5% · Conversion: Easy
MEDICAL BUILDING
$1,625,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10%
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
$223 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,202
Tax year 2023
Assessed value
$1,183,980
Assessed 2023
Previous assessed
$1,183,980
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$310,147
Assessed improvement
$873,833
Land market value
$310,147
Improvement market value
$873,833
Total market value
$1,183,980
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,000 SF
Lot
3 ac (130,680 SF)
Zoning code
NMX
APN
1710.07-67-1569 0112356
UPID
US53-1322903
Jurisdiction
WAKE
Zoning & alternative use
NMX · Garner, NC
Zoning NMX · permitted uses
NMX · 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
RETAIL STORES Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1986
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Timber Crossing Office Bldg In
Individual
Free & Clear · 6 yrs held
Mailing address
4800 OAKWEALTH DR, FUQUAY VARINA, NC 27526-6861
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2019
$1,140,000
Timber Crossing Office Bldg In
Jones,george E & Carol E
Grant Deed
—
Sep 1, 2017
—
George E Jones
—
Deed
related
$130,000 · First South Bk
—
—
George E Jones
—
Deed Of Trust
related
$190,000 · Branch Banking & Trust Co
—
—
George E Jones
—
Deed Of Trust
related
$250,000 · First Citizens Bank & Trust Co
—
—
George E Jones
—
Deed Of Trust
related
$130,000 · First South 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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