Realmo Analytics

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Financial
Distress signals
Property profile

15 W 3Rd St Wendell, NC 27591

FOR SALE
Retail space
Property ID
US53-0315863
2,560 SF 0.07 ac lot Built 1912
Last sale Feb 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$288k
Assessed land$110k
Assessed improvement$178k
Effective rate1.04%

Value estimate

· Oct 2026
$395k
$356k – $435k
AI approach$395k
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$5k
Operating expenses−$21k
NOI · 7.53% cap applied$35k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$107 – $250
Qualifying comparables4

Cap rate analysis

How does the asset earn?
7.53%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DMX
The Downtown Mixed-Use District is coded to encourage the redevelopment and expansion of the traditional Downtown area. Individual buildi...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.2
Realty agency12.4
Pharmacy12.0

Location

15 W 3Rd St Wendell, NC 27591
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Cypress, Wendell, NC 27591 $350,000 Mar 2025 2,742 SF
18 3rd, Wendell, NC 27591-9788 $300,000 Jun 2023 2,500 SF
12 Pne, Wendell, NC 27591 $100,000 Nov 2022 2,300 SF
2901 Wendell, Wendell, NC 27591-7270 $2,300,000 Oct 2022 2,520 SF
102 3rd, Wendell, NC 27591 $327,500 May 2022 2,328 SF
11 4th, Wendell, NC 27591 $163,100 Jun 2021 2,369 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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