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Property profile & analytics
OFF-MARKET
Estimated value
$1,915,000
Strip malls
1235 Maynard Rd Cary, NC 27513-8720
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0561898
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Construction
CONCRETE BLOCKS
Total area
32,436 SF
Lot
5.71 ac (248,728 SF)
Zoning code
GCCU
APN
0754.19-50-6442 0214248
UPID
US53-0561898
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
-
Workout Anytime Cary Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.92M
Owner & transaction history
New Market-maynard LLC · 8 yrs held
New Market-maynard LLC
since 2017
5 recorded transactions
Zoning & alternative use
GCCU · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$59 / 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
$98,996
Tax year 2023
Assessed value
$9,879,825
Assessed 2023
Previous assessed
$9,879,825
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$2,311,917
Assessed improvement
$7,567,908
Land market value
$2,311,917
Improvement market value
$7,567,908
Total market value
$9,879,825
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
32,436 SF
Lot
5.71 ac (248,728 SF)
Zoning code
GCCU
APN
0754.19-50-6442 0214248
UPID
US53-0561898
Jurisdiction
WAKE
Zoning & alternative use
GCCU · Cary, NC
Zoning GCCU · permitted uses
GCCU · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.71 ac
Current owner
From public records · entity-resolved
New Market-maynard LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3284 NORTHSIDE PKWY NW STE #515, ATLANTA, GA 30327-2286
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2017
$29,925,000
New Market-maynard LLC
Us Regency Maynard Crossing Ll
Grant Deed
—
Sep 5, 2017
—
New Market-maynard LLC
Us Regency Maynard Crossing Ll
Quit Claim Deed
related
$18,500,000 · Miscellaneous Ins Co
Dec 15, 2016
—
Us Regency Maynard Crossing Ll
Us Regency Retail I LLC
Quit Claim Deed
related
—
Nov 4, 2009
$17,875,000
Us Regency Retail I LLC
Regency Centers
Grant Deed
related
—
—
—
Us Regency Retail I LLC
—
Deed Of Trust
related
$8,937,500 · Aviva Life & Annuity Co
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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