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Property profile & analytics
OFF-MARKET
Estimated value
$5,605,000
Garden apartment buildings
14000 Burbage Cir Cary, NC 27519
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-1329454
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2009
Construction
FRAME
Total area
26,985 SF
Lot
15.35 ac (668,646 SF)
Zoning code
RMFM
APN
0736.01-08-9648 0360400
UPID
US53-1329454
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
$4.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.61M
Owner & transaction history
Trea Sh Chancery Village LLC · 7 yrs held
Trea Sh Chancery Village LLC
since 2018
7 recorded transactions
Zoning & alternative use
RMFM · Cary, 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 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%
$4,770,000
6.5%
$4,400,000
7%
$4,085,000
Blend value · Realmo final
$5.61M
Range $5.04M – $6.17M · ±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
$208 / 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
$486,836
Tax year 2023
Assessed value
$48,035,508
Assessed 2023
Previous assessed
$48,035,508
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$9,384,000
Assessed improvement
$38,651,508
Land market value
$9,384,000
Improvement market value
$38,651,508
Total market value
$48,035,508
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
28
Bathrooms
1
Total area
26,985 SF
Lot
15.35 ac (668,646 SF)
Zoning code
RMFM
APN
0736.01-08-9648 0360400
UPID
US53-1329454
Jurisdiction
WAKE
Zoning & alternative use
RMFM · Cary, NC
Zoning RMFM · permitted uses
RMFM · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
28
Bathrooms
1
Lot
15.35 ac
Current owner
From public records · entity-resolved
Trea Sh Chancery Village LLC
Entity
Mailing address
8110 E UN AVE STE #200, DENVER, CO 80237-2966
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2018
$47,925,000
Trea Sh Chancery Village LLC
Shlp Chancery Village LLC
Grant Deed
$245,000 · Wells Fargo Bk
Apr 2, 2012
—
Shlp Chancery Village LLC
—
Deed Of Trust
related
$425,000,000 · Wells Fargo Bank
Sep 29, 2011
—
Shlp Chancery Village LLC
Woodfield Village LLC
Grant Deed
$24,185,000 · Bank Of America
Sep 29, 2011
$35,880,500
Shlp Chancery Village LLC
Woodfield Village LLC
Grant Deed
—
Jun 5, 2007
$3,919,000
Woodfield Village LLC
Bagwell,harold G & Anna
Grant Deed
—
—
—
Shlp Chancery Village LLC
—
Loan Modification
related
$450,000,000 · Federal National Mortgage Assn
—
—
Woodfield Village LLC
—
Deed Of Trust
related
$35,500,000 · Bank Of America
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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