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Financial
Distress signals
Property profile

11615 Northpark Dr Wake Forest, NC 27587

OFF-MARKET
Warehouses
Property ID
US53-4014922
88,784 SF 3.28 ac lot Built 2017
Last sale Jul 2019 · $8,467,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$166k
Tax billed · 2024
Assessed value$17.52M
Assessed land$1.86M
Assessed improvement$15.66M
Effective rate0.95%

Value estimate

· Oct 2026
$18.91M
$17.02M – $20.80M
CAP approach$13.34M
Submarket $/SF estimate$19.46M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$188/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$169 – $219

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HB
The Highway Business District is generally located on the major thoroughfares in town and provides opportunities for the provision of off...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.8
Building Supply22.1
Auto Repair Shop18.5

Location

11615 Northpark Dr Wake Forest, NC 27587-4533
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
535 White, Wake Forest, NC 27587 $7,450,000 Feb 2026 16,200 SF
2804 Crusher, Wake Forest, NC 27587-8869 $2,700,000 Dec 2025 12,059 SF
10501 Ligon Ml, Wake Forest, NC 27587-6099 $800,000 Aug 2024 20,160 SF
14101 Capital, Wake Forest, NC 27587 $8,008,000 May 2022 30,016 SF
51 Flex, Wake Forest, NC 27587-6632 $8,008,000 May 2022 19,796 SF
10104 Capital, Wake Forest, NC 27587-9330 $4,800,000 Aug 2021 44,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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