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Property profile & analytics
OFF-MARKET
Office buildings

127 Salem St Apex, NC 27502-1473

2,176 SF 0.05 ac lot Built 1911
Entity Owned Absentee Owner Free & Clear
Property ID
US53-1463329
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1911
Construction BRICK
Total area 2,176 SF
Lot 0.05 ac (2,178 SF)
Zoning code B2
APN 0742.18-41-1266 0063063
UPID US53-1463329
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
  • Steve L. Smith, Agent Insurance Agency
  • Red Canvas Painting Service General Contractor
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
Cmc Salem LLC
Cmc Salem LLC
since 2026
Last sale
$10,000
2 recorded transactions
2026
Price N/A
2025
$10,000
Zoning & alternative use
B2 · Apex, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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, financial, service, office, governmental, cultural and entertainment uses, along with residential options on the top floors of buildings. B3 Tran…

Zone name Downtown Business
General category MIXED_USE
Zone area 15.44 ac
Source Unified Development Ordinance
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