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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Medical Office Space
1152 Executive Cir Cary, NC 27511-4578
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-0058579
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Construction
FRAME
Total area
7,310 SF
Lot
0.57 ac (24,829 SF)
Zoning code
OIP
APN
0763.14-43-5589 0114192
UPID
US53-0058579
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
-
Podcast Cary Recording Studio
-
Pharmamountain Inc. Pharmacy Industrial Manufacturer
-
The Content Marketing Collective Advertising Agency Marketing & Advertising
-
Resumes Etc. Employment Agency
-
Amplifi Wellness Performance and Development Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$954k
Blend (final)
Blend
$1.12M
Owner & transaction history
K5 Investment Properties LLC · 5 yrs held
K5 Investment Properties LLC
since 2020
5 recorded transactions
Zoning & alternative use
OIP · Cary, 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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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%
$1,285,000
6.5%
$1,185,000
7%
$1,100,000
Blend value · Realmo final
$1.12M
Range $1.01M – $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
$153 / 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
$9,739
Tax year 2023
Assessed value
$971,935
Assessed 2023
Previous assessed
$971,935
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$198,632
Assessed improvement
$773,303
Land market value
$198,632
Improvement market value
$773,303
Total market value
$971,935
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
7,310 SF
Lot
0.57 ac (24,829 SF)
Zoning code
OIP
APN
0763.14-43-5589 0114192
UPID
US53-0058579
Jurisdiction
WAKE
Zoning & alternative use
OIP · Cary, NC
Zoning OIP · permitted uses
OIP · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
K5 Investment Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 6365, RALEIGH, NC 27628-6365
Ownership since
2020
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
Nov 24, 2020
$1,331,000
K5 Investment Properties LLC
Cary Fam Dental Kildaire Prop
Grant Deed
—
Oct 31, 2018
$950,000
House Of Dreams LLC
Vallee Investments LLC
Warranty Deed
—
May 7, 2004
$650,000
Vallee Investments LLC
Tobin & Milner LLC
Warranty Deed
$520,000 · Capital Bank NA
—
—
Vallee Investments LLC
—
Deed Of Trust
related
$562,000 · Harrington Bank Fsb
—
—
Vallee Investments LLC
—
Deed Of Trust
related
$459,446 · Harrington Bank Fsb
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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