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Property profile & analytics
OFF-MARKET
Estimated value
$3,070,000
Office buildings
127 Hargett St, Raleigh, NC 27601-1393
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-5830029
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1925
Construction
BRICK
Total area
48,118 SF
Lot
0.29 ac (12,632 SF)
Zoning code
DX-20
APN
1703.34-68-3311 0072990
UPID
US53-5830029
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
-
IA | Interior Architects Interior Design Home Decor Store
-
Raleigh Arts Commission City Government Office
-
FedEx Drop Box Shipping Company Freight Service
-
The Gurney Law Firm Law Firm
-
Five Hundred Associates LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.07M
Owner & transaction history
Consummate Professional Empire LLC · 4 yrs held
Consummate Professional Empire LLC
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
DX-20 · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$3,110,000
ML approach
$3,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.07M
Range $2.76M – $3.38M · ±10% · vs last sale $2.75M (Apr 21 2022)
Last sale anchor
$2.75M
Apr 21 2022
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
$64 / 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
$48,012
Tax year 2023
Assessed value
$8,217,074
Assessed 2023
Previous assessed
$8,217,074
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$2,528,926
Assessed improvement
$5,688,148
Land market value
$2,528,926
Improvement market value
$5,688,148
Total market value
$8,217,074
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 (MULTI-STORY)
Status
Off-Market
Year built
1925
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Total area
48,118 SF
Lot
0.29 ac (12,632 SF)
Zoning code
DX-20
APN
1703.34-68-3311 0072990
UPID
US53-5830029
Jurisdiction
WAKE
Zoning & alternative use
DX-20 · Raleigh, NC
Zoning DX-20 · permitted uses
DX-20 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
5
Lot
0.29 ac
Current owner
From public records · entity-resolved
Consummate Professional Empire LLC
Entity
Mailing address
133 FAYETTEVILLE ST #6, RALEIGH, NC 27601-1356
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2022
$11,000,000
Consummate Professional Empire LLC
Professional Building Associates Ll
Special Warranty Deed
$9,230,000 · Southern Bank & Trust Co
Apr 20, 2022
—
Bryan Brice Franklin
Professional Building Associates Ll
Special Warranty Deed
—
Dec 17, 2019
—
Mattox Property Group LLC
—
Deed
related
$400,000 · Isabel C Worthy
Jan 22, 2018
—
Professional Building Assocs L
—
Grant Deed
related
$7,200,000 · First Carolina Bk
Sep 10, 2009
—
Building Assocs L Professional
Swc I LLC
Grant Deed
related
—
Dec 29, 2006
$2,750,000
Building Assocs L Professional
Tcw I LLC
Grant Deed
—
Dec 29, 2006
—
Building Assocs L Professional
North Star Ltd Properties LLC
Grant Deed
related
—
Apr 6, 2006
$2,750,000
Building Assocs L Professional
Raleigh Professional Assocs
Grant Deed
related
—
Sep 26, 2005
$2,750,000
Building Assocs L Professional
Raleigh Professional Assocs
Grant Deed
related
—
—
—
Professional Building Assocs L
—
Loan Modification
related
$1,221,804 · Miscellaneous Ins Co
—
—
Mattox Property Group LLC
—
Deed Of Trust
related
$400,000 · Isabel C Worthy
—
—
Building Assocs L Professional
—
Deed Of Trust
related
$600,000 · Branch Banking & Trust Co
—
—
Professional Building Assocs L
—
Deed Of Trust
related
$900,000 · Branch Bk&tr
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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