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Property profile & analytics
OFF-MARKET
Community centers
12646 Capital Blvd, Wake Forest, NC 27587-7481
Entity Owned
Free & Clear
Property ID
US53-3811780
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2015
Construction
CONCRETE BLOCKS
Total area
27,260 SF
Lot
15.32 ac (667,339 SF)
Zoning code
HB
APN
1831.16-94-0741 0370605
UPID
US53-3811780
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
-
Rack Room Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
East Coast Wings + Grill Restaurant
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
European Wax Center Spa & Massage Center Skin Care Clinic
-
Wynn Nail Bar Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hampton Pointe 615 LLC
Hampton Pointe 615 LLC
since 2025
Last sale
$42.1M
7 recorded transactions
Zoning & alternative use
HB · Wake Forest, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$217,145
Tax year 2023
Assessed value
$18,687,176
Assessed 2023
Previous assessed
$18,687,176
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,470,282
Assessed improvement
$15,216,894
Land market value
$3,470,282
Improvement market value
$15,216,894
Total market value
$18,687,176
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2015
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
27,260 SF
Lot
15.32 ac (667,339 SF)
Zoning code
HB
APN
1831.16-94-0741 0370605
UPID
US53-3811780
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.
Building & site characteristics
From public records
Year built
2015
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
15.32 ac
Current owner
From public records · entity-resolved
Hampton Pointe 615 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
964 HIGH HOUSE RD #4305, CARY, NC 27513-3574
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
$42,131,500
Hampton Pointe 615 LLC
Capital 12520 Exchange LLC
Special Warranty Deed
—
Aug 22, 2025
$42,015,500
Capital 12520 Exchange LLC
Capital 12520 LLC
Special Warranty Deed
—
Dec 22, 2023
—
Crescent 1400 LLC
Capital 12520 LLC
Special Warranty Deed
—
Aug 25, 2022
$42,149,000
Crescent 1000 LLC
Wake Forest Crossing Owner LLC
Special Warranty Deed
—
Aug 25, 2022
—
Crescent 1000 LLC
Wake Forest Crossing Owner LLC
Warranty Deed
$32,325,000 · Wells Fargo Bank NA
Feb 20, 2017
—
Wake Forest Crossing Owner LLC
—
Grant Deed
related
$24,000,000 · Td Bk NA
Sep 27, 2016
$36,600,000
Wake Forest Crossing Owner LLC
Weingarten Of Investments INC
Grant Deed
—
Nov 6, 2015
—
Weingarten Of Investments INC
Weingarten Nostat INC
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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