Property profile

124 Salem St Apex, NC 27502

OFF-MARKET
Investment properties
Property ID
US53-0289046
4,210 SF 0.08 ac lot Built 1913
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1913
Construction BRICK
Total area 4,210 SF
Lot 0.08 ac (3,485 SF)
Zoning code B2
APN 0742.18-41-3117 0041994
UPID US53-0289046

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

124 Salem St Apex, NC 27502-1428
Apex metro Census 53429 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2022
Last sale
$92,500
5 recorded transactions
2022
Price N/A
2017
Price N/A
2005
$92,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Apex, NC
Zoning description

B2 Downtown Business District The purpose and intent of the B2 Downtown Business District is to encourage the development of a high intensity, mixed-use, pedestrian-oriented downtown business district, with retail, finan…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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