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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Medical Office Space
122 Main St, Fuquay Varina, NC 27526-1934
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1011779
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1971
Construction
BRICK
Total area
2,740 SF
Lot
0.5 ac (21,780 SF)
Zoning code
DC-1
APN
0656.08-98-6039 0022257
UPID
US53-1011779
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
-
Carolina Family Foot Care Medical Clinic Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$883k
Blend (final)
Blend
$690k
Owner & transaction history
Town Of Fuquay-varina · 5 yrs held
Town Of Fuquay-varina
since 2020
Last sale
$650,000
6 recorded transactions
Zoning & alternative use
DC-1 · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$945,000
+6.3%
Commercial (general)
$910,000
+2.4%
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
$925,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$890,000
Current use
AUTO REPAIR, GARAGE
$945,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$910,000
Change: +2% · Conversion: Easy
RETAIL STORES
$765,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $650k (Oct 1 2020)
Last sale anchor
$650k
Oct 1 2020
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
$252 / 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
Assessed value
$544,486
Assessed 2023
Previous assessed
$544,486
+0.0% YoY
Assessed land
$435,164
Assessed improvement
$109,322
Land market value
$435,164
Improvement market value
$109,322
Total market value
$544,486
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1971
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,740 SF
Lot
0.5 ac (21,780 SF)
Zoning code
DC-1
APN
0656.08-98-6039 0022257
UPID
US53-1011779
Jurisdiction
WAKE
Zoning & alternative use
DC-1 · Fuquay Varina, NC
Zoning DC-1 · permitted uses
DC-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$910,000
RETAIL STORES
Est. value
$765,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Town Of Fuquay-varina
Individual
Mailing address
134 N MAIN ST, FUQUAY VARINA, NC 27526-1934
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
$650,000
Town Of Fuquay-varina
Jpm Investments LLC
Warranty Deed
—
Dec 1, 2017
—
Jpm Investments LLC
—
Deed
related
$30,000 · Yuying Zhang
Feb 3, 2006
$290,000
Jpm Investments LLC
Hardees Food Systems INC
Grant Deed
$340,000 · Fidelity Bank NA
—
—
Jpm Investments LLC
—
Deed Of Trust
related
$100,000 · Fidelity Bank NA
—
—
Jpm Investments LLC
—
Deed Of Trust
related
$30,000 · Yuying Zhang
—
—
Jpm Investments LLC
—
Deed Of Trust
related
$544,500 · Newtek Small Busn Fin
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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