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Property profile & analytics
FOR LEASE
Office buildings
12316 Hampton Way Dr, Wake Forest, NC 27587
Entity Owned
~
Est. High Equity
Property ID
US53-5833151
For Lease
1 / 18
$25 SF/Yr
12316 Hampton Way Dr, Wake Forest, NC 27587
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
BRICK
Total area
16,240 SF
Lot
1.11 ac (48,352 SF)
Zoning code
HB
APN
1831.19-52-3017 0351146
UPID
US53-5833151
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
-
Stewart Engineers Inc Engineer
-
Wellshade Computer & Electronic Repair
-
nuMedia Health Marketing & Advertising
-
Health Link of America Health
-
Symbiosis Medical Billing Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.09M
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$3.36M
Owner & transaction history
Moonsun Wake Forest LLC
Moonsun Wake Forest LLC
since 2026
Last sale
$3.9M
3 recorded transactions
Zoning & alternative use
HB · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.4M
+53.5%
Medical building
$5.3M
+49.9%
Retail stores
$3.9M
+10.3%
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 Wake Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wake Forest 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,430,000
6.5%
$4,090,000
7%
$3,800,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,520,000
Current use
COMMERCIAL (GENERAL)
$5,400,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$5,275,000
Change: +50% · Conversion: Easy
RETAIL STORES
$3,880,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$3.36M
Range $3.02M – $3.70M · ±10% · vs last sale $3.90M (Jan 15 2026)
Last sale anchor
$3.90M
Jan 15 2026
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
$207 / 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
$26,927
Tax year 2023
Assessed value
$2,317,255
Assessed 2023
Previous assessed
$2,317,255
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$304,618
Assessed improvement
$2,012,637
Land market value
$304,618
Improvement market value
$2,012,637
Total market value
$2,317,255
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2008
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
16,240 SF
Lot
1.11 ac (48,352 SF)
Zoning code
HB
APN
1831.19-52-3017 0351146
UPID
US53-5833151
Jurisdiction
WAKE
Zoning & alternative use
HB · Wake Forest, NC
Zoning HB · permitted uses
HB · Wake Forest, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wake Forest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.3M
RETAIL STORES
Est. value
$3.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2008
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.11 ac
Current owner
From public records · entity-resolved
Moonsun Wake Forest LLC
Entity
Mailing address
12316 HAMPTON WAY DR #200, WAKE FOREST, NC 27587-6538
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
$3,900,000
Moonsun Wake Forest LLC
Se Real Estate Holdings LLC
Warranty Deed
$3,315,000 · The Fidelity Bank
Dec 22, 2016
$2,025,000
Se Real Estate Holdings LLC
Hc-ii LLC
Warranty Deed
—
Oct 26, 2007
$650,000
Hc-ii LLC
Hampton Commons LLC
Warranty Deed
$3,000,000 · Harrington Bank Fsb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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