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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Specialty properties
1200 Keith Rd Wake Forest, NC 27587-7300
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1272985
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2007
Construction
FRAME
Total area
11,913 SF
Lot
13.17 ac (573,685 SF)
Zoning code
R-80W
APN
1811.04-73-7845 0345938
UPID
US53-1272985
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
-
Luke's Kitchen Gym & Fitness Center
-
Hasentree Family Activity Center Swimming Pool Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$677k
Blend (final)
Blend
$535k
Owner & transaction history
Hasentree Cc LLC · 6 yrs held
Hasentree Cc LLC
since 2019
4 recorded transactions
Zoning & alternative use
R-80W · 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
Method
Estimation
Statistic approach
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$45 / 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
$5,167
Tax year 2023
Assessed value
$662,684
Assessed 2023
Previous assessed
$662,684
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$164,625
Assessed improvement
$498,059
Land market value
$164,625
Improvement market value
$498,059
Total market value
$662,684
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,913 SF
Lot
13.17 ac (573,685 SF)
Zoning code
R-80W
APN
1811.04-73-7845 0345938
UPID
US53-1272985
Jurisdiction
WAKE
Zoning & alternative use
R-80W · Wake Forest, NCZoning R-80W · permitted uses
R-80W · Wake Forest, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
13.17 ac
Current owner
From public records · entity-resolved
Hasentree Cc LLC
Entity
Mailing address
3030 LYNDON B JOHNSON FWY STE #600, DALLAS, TX 75234-7744
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2019
$750,000
Hasentree Cc LLC
Hasentree Country Club I LLC
Trustees Deed
related
$105,000,000 · Wells Fargo Bk
Oct 18, 2019
—
Hasentree Country Club I LLC
Hasentree Owners Assn INC
Correction Deed
related
—
Sep 5, 2019
—
Hasentree Owners Assn INC
Toll Nc III LP
Grant Deed
related
—
Mar 31, 2009
$32,242,000
Crm Hasentree LLC
Pryzwansky David T
Trustees 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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