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Property profile & analytics
OFF-MARKET
Specialty properties
1520 Orch Villas Ave Apex, NC 27502-4324
Entity Owned
19-yr Hold
Free & Clear
Property ID
US53-2416518
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2008
Construction
FRAME
Total area
2,956 SF
Lot
0.75 ac (32,670 SF)
Zoning code
TND-CU
APN
0742.09-07-8232 0362098
UPID
US53-2416518
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
-
The Orchard Villas Apex Condominium Complex Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Apex Ov LLC · 19 yrs held
Apex Ov LLC
since 2007
1 recorded transaction
Zoning & alternative use
TND-CU · Apex, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the TND-CU traditional neighborhood District is to encourage the development of a vibrant mix of residential, retail, and offices uses that adhere to neo-traditional neighborhood principles and that provide a minimum percentage of non residential land area for certain mixed use areas as specified on the 2045 land use map. This is do…
Zone name
Traditional Neighborhood District Conditional Use
General category
MIXED_USE
Zone area
116.36 ac
Source
Realmo
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 Apex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apex 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,956 SF
Lot
0.75 ac (32,670 SF)
Zoning code
TND-CU
APN
0742.09-07-8232 0362098
UPID
US53-2416518
Jurisdiction
WAKE
Zoning & alternative use
TND-CU · Apex, NCZoning TND-CU · permitted uses
TND-CU · Apex, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the TND-CU traditional neighborhood District is to encourage the development of a vibrant mix of residential, retail, and offices uses that adhere to neo-traditional neighborhood principles and that provide a minimum percentage of non residential land area for certain mixed use areas as specified on the 2045 land use map. This is done by allowing design flexibility and a mix of residential, retail, office and recreational uses, along with schools and churches, that are reviewed as a plan for development subject to the application of performance standards that
Zone name
Traditional Neighborhood District Conditional Use
General category
MIXED_USE
Zone area
116.36 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2008
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Apex Ov LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 1149, APEX, NC 27502-3149
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2007
—
Apex Ov LLC
Owner Name Unavailable
Grant Deed
related
—
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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