Property profile

1209 Laura Vlg Rd Apex, NC 27523

OFF-MARKET
Drive through restaurants
Property ID
US53-1417822
3,916 SF 1.2 ac lot Built 1993
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1993
Construction BRICK
Total area 3,916 SF
Lot 1.2 ac (52,272 SF)
Zoning code PC-CU
APN 0742.08-87-4534 0197560
UPID US53-1417822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1209 Laura Vlg Rd Apex, NC 27523-7140
Apex metro Census 53435 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$573k
Blend (final) Blend
$525k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

PC-CU · Apex, NC
Zoning description

The purpose and intent of the PC Planned Commercial District is to encourage the development of a moderate and high intensity mix of convenience and citywide serving convenience and regional retail and related uses withi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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