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Property profile & analytics
OFF-MARKET
Retail space
1201 Aversboro Rd Garner, NC 27529-5208
Entity Owned
15-yr Hold
Free & Clear
Property ID
US53-2151768
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Construction
FRAME
Total area
533 SF
Lot
0.23 ac (10,019 SF)
Zoning code
NMX
APN
1710.06-39-8093 0120948
UPID
US53-2151768
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
-
JJ Bail Bonds Law Firm
-
Lakeside Imports Department Store
-
Jones lawn care Landscaping General Contractor
-
Shaqura’s Bailbonds Law Firm
-
JJ Bail bonds Law Firm
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
Browning Realty INC Psp · 15 yrs held
Browning Realty INC Psp
since 2011
1 recorded transaction
Zoning & alternative use
NMX · Garner, 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 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
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
$1,076
Tax year 2023
Assessed value
$83,783
Assessed 2023
Previous assessed
$83,783
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$49,694
Assessed improvement
$34,089
Land market value
$49,694
Improvement market value
$34,089
Total market value
$83,783
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
1981
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
533 SF
Lot
0.23 ac (10,019 SF)
Zoning code
NMX
APN
1710.06-39-8093 0120948
UPID
US53-2151768
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.
Building & site characteristics
From public records
Year built
1981
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Browning Realty INC Psp
Entity
Free & Clear · 15 yrs held
Mailing address
65 GLN RD STE #182, GARNER, NC 27529-7943
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2011
$150,000
Browning Realty INC Psp
Browning,robert L & Deborah T
Warranty Deed
related
—
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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