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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Retail space
1206 Broad St, Fuquay Varina, NC 27526
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1475332
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
FRAME
Total area
1,376 SF
Lot
10.08 ac (439,085 SF)
Zoning code
HI
APN
0657.16-93-3620 0056832
UPID
US53-1475332
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
-
Clays Power Equipment (Bike/Boat/Book/etc) Store Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.66M
Owner & transaction history
Webri Properties LLC · 1 yrs held
Webri Properties LLC
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
HI · Fuquay Varina, 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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$2,590,000
ML approach
$2,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±10% · vs last sale $2.75M (Apr 17 2025)
Last sale anchor
$2.75M
Apr 17 2025
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
$1,933 / 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
$34,079
Tax year 2023
Assessed value
$3,064,691
Assessed 2023
Previous assessed
$3,064,691
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,460,522
Assessed improvement
$604,169
Land market value
$2,460,522
Improvement market value
$604,169
Total market value
$3,064,691
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
1950
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,376 SF
Lot
10.08 ac (439,085 SF)
Zoning code
HI
APN
0657.16-93-3620 0056832
UPID
US53-1475332
Jurisdiction
WAKE
Zoning & alternative use
HI · Fuquay Varina, NC
Zoning HI · permitted uses
HI · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
10.08 ac
Current owner
From public records · entity-resolved
Webri Properties LLC
Entity
Mailing address
4808 TANNENHILL TRL, HOLLY SPRINGS, NC 27540-9204
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
$2,750,000
Webri Properties LLC
Billy Ray Powell
Special Warranty Deed
—
Apr 15, 2024
—
Billy Ray Powell
Billy Ray Powell
Intrafamily Transfer
related
—
May 13, 2016
—
Billy G Powell
—
Deed
related
$438,600 · First Bk
Sep 2, 2014
—
Powell,billy G
—
Grant Deed
related
$1,700,000 · Fidelity Bk
Dec 31, 2012
—
Billy G Powell
Powell,billy G
Quit Claim Deed
related
—
Jan 5, 2007
—
Billy G Powell
Powell,lois J
Quit Claim Deed
related
—
—
—
Billy G Powell
—
Deed Of Trust
related
$2,540,000 · Fidelity Bk
—
—
Billy G Powell
—
Deed Of Trust
related
$438,600 · First 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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