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Property profile & analytics
OFF-MARKET
Estimated value
$405,000
Investment properties
153 Holly Spgs Rd Holly Springs, NC 27540-9423
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US53-4031975
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1972
Construction
BRICK
Total area
2,396 SF
Lot
1.06 ac (46,174 SF)
Zoning code
LB
APN
0649.16-93-9489 0415927
UPID
US53-4031975
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
$405k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$405k
Owner & transaction history
Bluefin Developers LLC · 13 yrs held
Bluefin Developers LLC
since 2013
5 recorded transactions
Zoning & alternative use
LB · Holly Springs, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
UDO FullVersion Sup7
Top alternative use upside
Auto repair, garage
$830,000
+3.8%
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 Holly Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holly Springs 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
$405,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$795,000
Current use
AUTO REPAIR, GARAGE
$830,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: -2% · Conversion: Easy
RETAIL STORES
$760,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$405k
Range $365k – $446k · ±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
$169 / 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
$5,141
Tax year 2023
Assessed value
$476,616
Assessed 2023
Previous assessed
$476,616
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$369,392
Assessed improvement
$107,224
Land market value
$369,392
Improvement market value
$107,224
Total market value
$476,616
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1972
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,396 SF
Lot
1.06 ac (46,174 SF)
Zoning code
LB
APN
0649.16-93-9489 0415927
UPID
US53-4031975
Jurisdiction
WAKE
Zoning & alternative use
LB · Holly Springs, NCZoning LB · permitted uses
LB · Holly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDO FullVersion Sup7
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$830,000
MEDICAL BUILDING
Est. value
$780,000
RETAIL STORES
Est. value
$760,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1972
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Bluefin Developers LLC
Entity
Mailing address
153 HOLLY SPGS RD, HOLLY SPRINGS, NC 27540-9423
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2013
$350,000
Bluefin Developers LLC
Pb Investors LLC
Warranty Deed
$280,000 · Branch Banking & Trust Co
Oct 16, 2008
—
Pb Investors LLC
Miller,randall L & Kathy L
Grant Deed
related
—
May 2, 2008
—
Pb Investors LLC
—
Trustees Deed
related
$280,000 · Gateway Bank & Trust
—
—
Bluefin Developers LLC
—
Deed Of Trust
related
$267,000 · First Citizens Bk
—
—
Pb Investors LLC
—
Deed Of Trust
related
$461,250 · Gateway Bank & Trust
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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