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Property profile & analytics
OFF-MARKET
Estimated value
$4,215,000
Office buildings
133 Fayetteville St Raleigh, NC 27601-1356
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1710710
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1908
Construction
BRICK
Total area
34,944 SF
Lot
0.12 ac (5,227 SF)
Zoning code
DX-7
APN
1703.34-78-0495 0075450
UPID
US53-1710710
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
-
Cheshire Parker Schneider, PLLC Law Firm
-
Cook Collin P Law Firm
-
HCG Financial Advisor
-
Fish Market Gallery (North Carolina State University) Art
-
Parker Bryan Family Law Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.22M
Owner & transaction history
Z Empire Runs Through It 2 LLC · 5 yrs held
Z Empire Runs Through It 2 LLC
since 2020
7 recorded transactions
Zoning & alternative use
DX-7 · Raleigh, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,815,000
Current use
Blend value · Realmo final
$4.22M
Range $3.79M – $4.64M · ±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
$121 / 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
$44,546
Tax year 2023
Assessed value
$7,623,793
Assessed 2023
Previous assessed
$7,623,793
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$1,827,882
Assessed improvement
$5,795,911
Land market value
$1,827,882
Improvement market value
$5,795,911
Total market value
$7,623,793
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 (MULTI-STORY)
Status
Off-Market
Year built
1908
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Total area
34,944 SF
Lot
0.12 ac (5,227 SF)
Zoning code
DX-7
APN
1703.34-78-0495 0075450
UPID
US53-1710710
Jurisdiction
WAKE
Zoning & alternative use
DX-7 · Raleigh, NCZoning DX-7 · permitted uses
DX-7 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.8M
OFFICE BUILDING Current
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
1908
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
Z Empire Runs Through It 2 LLC
Entity
Mailing address
133 FAYETTEVILLE ST #6, RALEIGH, NC 27601-1356
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2020
—
Z Empire Runs Through It 2 LLC
Amalgamated Empire Prop LLC
Grant Deed
related
—
Aug 10, 2017
—
Anisa Empire Temple LLC
—
Deed
related
$4,400,000 · Southern First Bk NA
Mar 19, 2001
$1,725,000
Anisa Empire Temple LLC
Anisa Empire Tem
Grant Deed
related
—
—
—
Anisa Empire Temple LLC
—
Deed Of Trust
related
$3,758,500 · Column Financial INC
—
—
Anisa Empire Temple LLC
—
Deed Of Trust
related
$600,000 · Crescent State Bank
—
—
Anisa Empire Temple LLC
—
Deed Of Trust
related
$3,620,000 · Paragon Commercial Bank
—
—
Anisa Empire Temple LLC
—
Deed Of Trust
related
$4,400,000 · Southern First Bk NA
—
—
Hl Empire LLC
—
Deed Of Trust
related
$1,384,000 · Magnet Bank Fsb
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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