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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Community centers
131 Shenstone Blvd Garner, NC 27529
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1744652
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2003
Construction
BRICK
Total area
10,500 SF
Lot
57.9 ac (2,522,124 SF)
Zoning code
CMX
APN
1720.10-46-3976 0010396
UPID
US53-1744652
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.49M
Owner & transaction history
Nld Garner LLC · 6 yrs held
Nld Garner LLC
since 2020
3 recorded transactions
Zoning & alternative use
CMX · Garner, 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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
$141 / 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
$835,941
Tax year 2023
Assessed value
$65,104,448
Assessed 2023
Previous assessed
$65,104,448
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$26,102,023
Assessed improvement
$39,002,425
Land market value
$26,102,023
Improvement market value
$39,002,425
Total market value
$65,104,448
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
2003
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,500 SF
Lot
57.9 ac (2,522,124 SF)
Zoning code
CMX
APN
1720.10-46-3976 0010396
UPID
US53-1744652
Jurisdiction
WAKE
Zoning & alternative use
CMX · Garner, NC
Zoning CMX · permitted uses
CMX · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
57.9 ac
Current owner
From public records · entity-resolved
Nld Garner LLC
Entity
Free & Clear · 6 yrs held
Mailing address
8816 6TH FRKS RD STE #201, RALEIGH, NC 27615-2983
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jul 14, 2020
$2,325,000
Nld Garner LLC
Nc-garner White Op-theater-qrx
Warranty Deed
—
Aug 9, 2011
$5,985,000
Inland American Garner White O
Garner Retail Spe LLC
Grant Deed
related
—
Dec 11, 2003
—
Garner Retail Spe LLC
—
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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