Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Office buildings
130 Salisbury St Raleigh, NC 27601-1344
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1525304
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
BRICK
Total area
6,000 SF
Lot
0.07 ac (3,049 SF)
Zoning code
DX-20
APN
1703.34-68-6456 0023905
UPID
US53-1525304
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
-
Emanuel & Dunn Law Firm
-
Law Office of Dewey P. Brinkley Law Firm
-
Law Office of Benjamin G. Brown, Jr. Law Firm
-
Bryant & Ivie, PLLC Law Firm
-
Mc Millan Duncan A Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.15M
Owner & transaction history
Fbb JR LLC · 3 yrs held
Fbb JR LLC
since 2022
Last sale
$2.2M
3 recorded transactions
Zoning & alternative use
DX-20 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The DX-20 is intended to provide for intense mixed use development of the Citysdowntown area
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
4.89 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$3.3M
+182.4%
Restaurant
$3.3M
+178.7%
Retail stores
$2.4M
+101.4%
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
$2,105,000
ML approach
$2,185,000
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,365,000
7%
$1,265,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,305,000
Change: +182% · Conversion: Difficult
RESTAURANT
$3,260,000
Change: +179% · Conversion: Moderate
RETAIL STORES
$2,360,000
Change: +101% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,945,000
Change: +66% · Conversion: Easy
MEDICAL BUILDING
$1,890,000
Change: +62% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,770,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±10% · vs last sale $2.15M (Oct 6 2022)
Last sale anchor
$2.15M
Oct 6 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
$358 / 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
$16,588
Tax year 2023
Assessed value
$1,419,505
Assessed 2023
Previous assessed
$1,419,505
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$915,615
Assessed improvement
$503,890
Land market value
$915,615
Improvement market value
$503,890
Total market value
$1,419,505
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
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
6,000 SF
Lot
0.07 ac (3,049 SF)
Zoning code
DX-20
APN
1703.34-68-6456 0023905
UPID
US53-1525304
Jurisdiction
WAKE
Zoning & alternative use
DX-20 · Raleigh, NCZoning 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
Zoning description
The DX-20 is intended to provide for intense mixed use development of the Citysdowntown area
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
4.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
RESTAURANT
Est. value
$3.3M
RETAIL STORES
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Fbb JR LLC
Entity
Mailing address
2116 WHITE OAK RD, RALEIGH, NC 27608-1452
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2022
$2,150,000
Fbb JR LLC
One Thirty South LLC
Warranty Deed
$1,015,000 · Southern Bank & Trust Co
May 29, 2009
$35,500
1 Thirty South LLC
Emanuel,robert L & Suzanne N
Warranty Deed
$250,000 · Robert L Emanuel
—
—
One Thirty South LLC
—
Deed Of Trust
related
$100,000 · Robert L Emanuel
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 130 Salisbury St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
