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    Property profile & analytics

    1434 Farrington Rd Apex, NC 27523-5728

    • Office Properties & Spaces
    • 3,136 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    May 23, 2024
    $370,000
    Location Intelligence
    Property ID
    US53-2442780
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Barnes Precision Machine Inc / Machine Shop
    • JLSA/Jordan Lake School of the Arts / Special Education School

    Property Details for 1434 Farrington Rd

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    3,136 SF
    Zone code
    CU-IND-L
    Property type
    Office Properties & Spaces
    APN
    81286
    APU
    81286

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $510,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $510,000
      Mixed-Use
      $440,000
      Hospitality
      $370,000
      Educational
      $475,000
      Residential Income
      $460,000
      Energy
      $390,000
      Income-Based Land
      $405,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Apex
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.0081
    Latitude
    35.7551
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,339
    $0.00
    $287,702
    $287,702
    -
    $0.00
    $287,702
    $287,702

    Comparable in this City

    • Value Estimation
      $465,000
      168 SF

      24 Gardner Rd

      OFFICE (GENERAL) • 168 SF
      24 Gardner Rd, Apex, NC 27523
      View Details
    • Value Estimation
      $495,000
      13,292 SF

      1434 Farrington Rd

      OFFICE (GENERAL) • 13,292 SF
      1434 Farrington Rd, Apex, NC 27523-5728
      View Details
    • Value Estimation
      $220,000
      2,400 SF

      1434 Farrington Rd

      OFFICE (GENERAL) • 2,400 SF
      1434 Farrington Rd, Apex, NC 27523-5728
      View Details
    • Value Estimation
      $340,000
      1,140 SF

      280 Clubhouse Ln

      OFFICE (GENERAL) • 1,140 SF
      280 Clubhouse Ln, Apex, NC 27523-8029
      View Details
    • Value Estimation by Request
      21,647 SF

      8375 Green Level Church Rd

      Office Properties & Spaces • 21,647 SF
      8375 Green Level Church Rd, Apex, NC 27523
      View Details
    • Value Estimation by Request
      30,000 SF

      7625 Roberts Rd

      Restaurants • 30,000 SF
      7625 Roberts Rd, Apex, NC 27523
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      61,250 SF

      Apex Flex Space Investment Opportunity

      7-Acre Industrial Complex, 61,250 SF
      1930 Salem St, Apex, NC 27523
      View Details
    • $607,240
      Pending

      Apex, NC Land Assemblage

      3.196 acres of commercial land for sale in Apex, NC.
      7529 Creekbird Rd, Apex, NC 27523
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    • $545,000
      6.63 Acres

      6+ Acres Near Jordan Lake

      Residential land near Jordan Lake with recreational opportunities and conveniences.
      708 John Horton Rd, Apex, NC 27523
      View Details
    • $1,070,000

      Secluded Land Near Jordan Lake

      10.65 acres near Jordan Lake, ideal for estate or recreation.
      447 Luther Rd, Apex, NC 27523
      View Details
    • $2,053,800
      Pending

      Apex, NC Land Assemblage

      11.41 acres of land for development in Apex, NC.
      3212 Us 64 Hwy, Apex, NC 27523
      View Details
    • $8,364,000
      9 SF

      Apex Mixed-Use Development Opportunity

      Planned mixed-use development with multifamily and commercial potential in Apex.
      3809 Us 64 Hwy W | Apex, Apex, NC 27523
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,647 SF

      Apex Office Space for Lease

      Prime Apex location, two suites available.
      8375 Green Level Church Rd, Apex, NC 27523
      View Details
    • Contact for pricing
      21 SF

      New Retail and Office Center

      New multitenant retail and office center under construction in Apex, NC.
      8375 Green Level Church Rd, Apex, NC 27523
      View Details
    • Contact for pricing
      154,350 SF

      Apex Warehouse Space Available

      154,350 sqft warehouse/industrial space for lease in Apex, NC.
      1475-1485 Goodwin Rd, Apex, NC 27523
      View Details
    • Contact for pricing
      305,470 SF

      Apex Warehouse Space Available

      305,470 sqft warehouse/distribution space in Apex, North Carolina.
      2880 Lowell Rd, Apex, NC 27523
      View Details
    • Contact for pricing

      Retail Space in Apex, NC

      Retail space available in a dominant shopping center.
      Apex, NC 27523
      View Details
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    1434 Farrington Rd
    Apex, NC 27523-5728
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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