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    Property profile & analytics

    122 Salem St Apex, NC 27502-1564

    • Investment properties
    • 3,250 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 16, 2025
    $15,500
    Location Intelligence
    Property ID
    US53-0289047
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Magnified Life / Association Or Organization
    • Smiling Spirit Pathways / Psychotherapist
    • Downtown Apex Mural / Painting
    • Holland Management Llc / Health Consultant
    • NC Readiness Hub / Business Management Consultant / Business To Business Service

    Property Details for 122 Salem St

    Year built
    1913
    Construction
    BRICK
    Lot size
    0.09 lot acres
    Property size
    3,250 SF
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0742.18-41-2195 0002105
    APU
    742184121950002105

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Apex
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8507
    Latitude
    35.7314
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,393
    $178,360
    $805,008
    $983,368
    -
    $178,360
    $805,008
    $983,368

    Comparable in this City

    • Value Estimation by Request
      15,976 SF

      225 Salem St

      STORE/OFFICE (MIXED USE) • 15,976 SF
      225 Salem St, Apex, NC 27502-2402
      View Details
    • Value Estimation by Request
      9,466 SF

      126 Salem St

      STORE/OFFICE (MIXED USE) • 9,466 SF
      126 Salem St, Apex, NC 27502-1476
      View Details
    • Value Estimation
      $460,000
      6,110 SF

      108 Salem St

      STORE/OFFICE (MIXED USE) • 6,110 SF
      108 Salem St, Apex, NC 27502-1428
      View Details
    • Value Estimation by Request
      34,435 SF

      1500 Town Side Dr

      STORE/OFFICE (MIXED USE) • 34,435 SF
      1500 Town Side Dr, Apex, NC 27502-6604
      View Details
    • Value Estimation by Request
      6,000 SF

      219 Salem St

      STORE/OFFICE (MIXED USE) • 6,000 SF
      219 Salem St, Apex, NC 27502-1499
      View Details
    • Value Estimation
      $90,000
      4,210 SF

      124 Salem St

      STORE/OFFICE (MIXED USE) • 4,210 SF
      124 Salem St, Apex, NC 27502-1428
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $18 SF/Yr
      19,203 SF

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      Flex space available for sublease in SW Wake County.
      2047 Energy Dr, Apex, NC 27502
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      2,090 SF

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      Three-story, three-bedroom townhome with modern amenities and community features.
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      1 SF

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      Prime Apex retail location, single tenant, 1 sq ft.
      746 Williams St, Apex, NC 27502
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    • $22 SF/Yr
      52,263 SF

      Apex Office Suite - 867 SF

      Prime Apex office space, immediate occupancy.
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      View Details
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    122 Salem St
    Apex, NC 27502-1564
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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