Property profile

1538 Williams St Apex, NC 27539

OFF-MARKET
Warehouses
Property ID
US53-5745666
83,582 SF 4 ac lot Built 2010
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2010
Construction FRAME
Total area 83,582 SF
Lot 4 ac (174,240 SF)
Zoning code LI
APN 0741.04-82-0490 0006680
UPID US53-5745666

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Car Rental Facility
  • Storage Facility

Location

1538 Williams St Apex, NC 27539-7701
Apex metro Census 53432 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.84M
Blend (final) Blend
$7.20M

Owner & transaction history

since 2016
7 recorded transactions
2019
Price N/A
2016
$5.3M
2010
Price N/A
2006
$645,000
2006
$645,000
2002
Price N/A
2002
$260,000

Zoning & alternative use

LI · Apex, NC
Zoning description

A) LI Light Industrial District The purpose and intent of the LI Light Industrial District is to provide sufficient lands in appropriate locations for certain types of businesses, light manufacturing, or processing uses…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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