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    Property profile & analytics

    12301 Capital Blvd Wake Forest, NC 27587-7485

    • Drive through restaurants
    • 3,972 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $1,745,000
    Last Sale
    Oct 30, 2023
    $1,698,000
    Location Intelligence
    Property ID
    US53-0537434
    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

    • Burger King / Restaurant / Fast Food Restaurant
    • CashPoints® ATM / Atm

    Property Details for 12301 Capital Blvd

    Year built
    1989
    Construction
    BRICK
    Lot size
    0.95 lot acres
    Property size
    3,972 SF
    Zone code
    HB
    Property type
    Drive through restaurants
    APN
    1831.15-62-2668 0173977
    APU
    1831156226680173977

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,580,000
      6.5%
      $1,535,000
      7%
      $1,650,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,695,000
      Geo Method
      $1,920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,545,000
      Retail
      $1,430,000
      Mixed-Use
      $1,620,000
      Hospitality
      $1,660,000
      Educational
      $1,875,000
      Residential Income
      $1,940,000
      Energy
      $1,415,000
      Income-Based Land
      $1,495,000
      Food Service
      $1,610,000

    Location Insight

    • Map
    • Local Demand
    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5394
    Latitude
    35.982
    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
    2023
    $18,164
    $496,584
    $1,066,548
    $1,563,132
    -
    $496,584
    $1,066,548
    $1,563,132

    Comparable in this City

    • Value Estimation
      $875,000
      2,855 SF

      216 Roosevelt Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,855 SF
      216 Roosevelt Ave, Wake Forest, NC 27587-2720
      View Details
    • Value Estimation by Request
      4,469 SF

      1001 Forestville Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,469 SF
      1001 Forestville Rd, Wake Forest, NC 27587
      View Details
    • Value Estimation
      $760,000
      1,180 SF

      12271 Capital Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,180 SF
      12271 Capital Blvd, Wake Forest, NC 27587-6200
      View Details
    • Value Estimation
      $3,150,000
      5,091 SF

      1010 Forestville Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,091 SF
      1010 Forestville Rd, Wake Forest, NC 27587-9361
      View Details
    • Value Estimation by Request
      3,702 SF

      2104 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,702 SF
      2104 Main St, Wake Forest, NC 27587-8817
      View Details
    • Value Estimation by Request
      4,437 SF

      2819 Rogers Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,437 SF
      2819 Rogers Rd, Wake Forest, NC 27587-3893
      View Details

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      Prime Wake Forest R&D space available.
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    • $36 SF/Yr
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      View Details

    Property Visit Statistics

    • Visits by month
      14.7k
    • Visitors by month
      11.2k
    • Avg Time on site
      13 min
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    Wake Forest, NC 27587-7485
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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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