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Property profile & analytics
OFF-MARKET
Estimated value
$4,360,000
Office buildings
1415 Holland Rd Fuquay Varina, NC 27526-7894
Individually Owned
12-yr Hold
Free & Clear
Property ID
US53-3719814
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Construction
CONCRETE BLOCKS
Total area
20,021 SF
Lot
15.37 ac (669,517 SF)
Zoning code
RLI-CZD
APN
0666.04-92-2964 0322324
UPID
US53-3719814
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
-
Town of Fuquay-Varina Public Services Center City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.24M
Blend (final)
Blend
$4.36M
Owner & transaction history
Town Of Fuquay-varina · 12 yrs held
Town Of Fuquay-varina
since 2013
2 recorded transactions
Zoning & alternative use
RLI-CZD · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+72.0%
Commercial (general)
$6.7M
+65.7%
Medical building
$6.5M
+61.8%
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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$4,020,000
Current use
AUTO REPAIR, GARAGE
$6,915,000
Change: +72% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,660,000
Change: +66% · Conversion: Easy
MEDICAL BUILDING
$6,505,000
Change: +62% · Conversion: Easy
RETAIL STORES
$5,585,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$4.36M
Range $3.92M – $4.80M · ±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
$218 / 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
Assessed value
$4,885,185
Assessed 2023
Previous assessed
$4,885,185
+0.0% YoY
Assessed land
$883,760
Assessed improvement
$4,001,425
Land market value
$883,760
Improvement market value
$4,001,425
Total market value
$4,885,185
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
Status
Off-Market
Year built
2015
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
20,021 SF
Lot
15.37 ac (669,517 SF)
Zoning code
RLI-CZD
APN
0666.04-92-2964 0322324
UPID
US53-3719814
Jurisdiction
WAKE
Zoning & alternative use
RLI-CZD · Fuquay Varina, NC
Zoning RLI-CZD · permitted uses
RLI-CZD · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$6.5M
RETAIL STORES
Est. value
$5.6M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
2015
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
15.37 ac
Current owner
From public records · entity-resolved
Town Of Fuquay-varina
Individual
Free & Clear · 12 yrs held
Mailing address
401 OLD HONEYCUTT RD, FUQUAY VARINA, NC 27526-9307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2015
—
Town Of Fuquay-varina North Carol
—
Trustees Deed
related
$6,000,000 · Other Institutional Lenders
Nov 26, 2013
$345,000
Town Of Fuquay-varina
Holland,david E
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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