New search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Day care centers
1308 Heritage Links Dr, Wake Forest, NC 27587-4286
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US53-5677766
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2006
Construction
BRICK
Total area
8,070 SF
Lot
1.29 ac (56,192 SF)
Zoning code
NB
APN
1749.02-79-5136 0337559
UPID
US53-5677766
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
-
The Goddard School of Wake Forest Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$482k
Blend (final)
Blend
$510k
Owner & transaction history
Westover Properties Vi LLC · 20 yrs held
Westover Properties Vi LLC
since 2006
5 recorded transactions
Zoning & alternative use
NB · 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
Method
Estimation
Statistic approach
by Request
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
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
$63 / 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
$23,074
Tax year 2023
Assessed value
$1,985,703
Assessed 2023
Previous assessed
$1,985,703
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$590,017
Assessed improvement
$1,395,686
Land market value
$590,017
Improvement market value
$1,395,686
Total market value
$1,985,703
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2006
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,070 SF
Lot
1.29 ac (56,192 SF)
Zoning code
NB
APN
1749.02-79-5136 0337559
UPID
US53-5677766
Jurisdiction
WAKE
Zoning & alternative use
NB · Wake Forest, NC
Zoning NB · permitted uses
NB · 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
2006
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Westover Properties Vi LLC
Entity
Mailing address
1308 HERITAGE LINKS DR, WAKE FOREST, NC 27587-4286
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2019
—
Westover Properties Ill LLC
—
Grant Deed
related
$4,450,000 · First Citizens Cmnty Bk
Apr 10, 2006
$426,000
Westover Properties Vi LLC
Ammons,andrew L & Jeanette F
Warranty Deed
$339,785 · Suntrust Bank NA
—
—
Westover Properties Vi LLC
—
Deed Of Trust
related
$1,180,000 · National Penn Bank
—
—
Westover Properties Vi LLC
—
Deed Of Trust
related
$1,325,000 · Pnc Bank
—
—
Westover Properties Viii LLC
—
Deed Of Trust
related
$1,503,000 · Pnc Bank
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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