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Property profile & analytics
OFF-MARKET
Estimated value
$3,420,000
Community centers
1311 Kildaire Farm Rd Cary, NC 27511-5525
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-1901077
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1905
Total area
54,000 SF
Lot
14.9 ac (649,044 SF)
Zoning code
GCP
APN
0763.18-41-6678 0139389
UPID
US53-1901077
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
-
Bryan Castellucci Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
Gold's Gym - Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.60M
Blend (final)
Blend
$3.42M
Owner & transaction history
Own Of Cary · 8 yrs held
Own Of Cary
since 2017
6 recorded transactions
Zoning & alternative use
GCP · Cary, NC
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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.42M
Range $3.08M – $3.76M · ±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
$258,405
Tax year 2023
Assessed value
$25,788,921
Assessed 2023
Previous assessed
$25,788,921
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$12,266,932
Assessed improvement
$13,521,989
Land market value
$12,266,932
Improvement market value
$13,521,989
Total market value
$25,788,921
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
1905
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
54,000 SF
Lot
14.9 ac (649,044 SF)
Zoning code
GCP
APN
0763.18-41-6678 0139389
UPID
US53-1901077
Jurisdiction
WAKE
Zoning & alternative use
GCP · Cary, NCZoning GCP · permitted uses
GCP · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
4.4.2 Mixed Use Overlay
Building & site characteristics
From public records
Year built
1905
Heating
NONE
Cooling
Yes
Stories
1
Lot
14.9 ac
Current owner
From public records · entity-resolved
Own Of Cary
Individual
Mailing address
PO BOX 2539, SAN ANTONIO, TX 78299-2539
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
—
Fw Nc Shoppes Of Kildaire LLC
—
Deed
related
$27,500,000 · John Hancock Life Insurance Company USA
Aug 10, 2017
$148,000
Own Of Cary
Fw Nc-shoppes Of Kildaire LLC
Warranty Deed
—
Jul 18, 2005
$27,080,500
Fw Nc-shoppes Of Kildaire LLC
Usrp I LLC
Warranty Deed
—
Mar 9, 2001
$15,620,500
Usrp I LLC
First Washington
Grant Deed
—
—
—
Fw Nc-shoppes Of Kildaire LLC
—
Deed Of Trust
related
$19,126,000 · Wachovia Bank NA
—
—
Fw Nc-shoppes Of Kildaire LLC
—
Loan Modification
related
$19,125,900 · Us Bank NA #2006-c24 (ce)
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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