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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office Spaces
1580 Gallup Rd Chapel Hill, NC 27517
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1289404
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Construction
STEEL FRAME
Total area
9,000 SF
Lot
9.99 ac (435,164 SF)
Zoning code
R-1
APN
64618
UPID
US53-1289404
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
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$626k
Blend (final)
Blend
$565k
Owner & transaction history
Zebra Real Estate Holdings LLC · 2 yrs held
Zebra Real Estate Holdings LLC
since 2023
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
R-1 · Chapel Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The residential districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers and transportation systems and compatibility with surrounding development
Zone name
Residential
General category
RESIDENTIAL
Zone area
5,590.59 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 Chapel Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chapel Hill 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
$520,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $525k (Nov 22 2023)
Last sale anchor
$525k
Nov 22 2023
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
$63 / 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
$3,478
Tax year 2023
Assessed value
$368,004
Assessed 2023
Previous assessed
$368,004
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$109,950
Assessed improvement
$258,054
Land market value
$109,950
Improvement market value
$258,054
Total market value
$368,004
Applied tax rate
124.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
9,000 SF
Lot
9.99 ac (435,164 SF)
Zoning code
R-1
APN
64618
UPID
US53-1289404
Jurisdiction
CHATHAM
Zoning & alternative use
R-1 · Chapel Hill, NCZoning R-1 · permitted uses
R-1 · Chapel Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The residential districts are intended to provide for residential development of appropriate intensities consonant with the suitability of land, availability of public services, accessibility to major activity centers and transportation systems and compatibility with surrounding development
Zone name
Residential
General category
RESIDENTIAL
Zone area
5,590.59 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
9.99 ac
Current owner
From public records · entity-resolved
Zebra Real Estate Holdings LLC
Entity
Mailing address
310 HALEY MDWS DR, MONCURE, NC 27559-9037
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2023
$525,000
Zebra Real Estate Holdings LLC
Bobby A Branch
Warranty Deed
—
Sep 1, 2017
$286,000
Bobby A Branch
Horner,charles L & Chung
Warranty Deed
—
Aug 17, 2017
—
Bobby A Branch
Branch Bkng & Trust Co
Quit Claim Deed
related
—
Aug 17, 2017
$60,000
Bobby A Branch
Branch Bkng & Trust Co
Grant Deed
related
—
Mar 3, 2015
$21,000
Branch,bobby A & Elizabeth N
Hancock Charles R & Karen
Warranty Deed
—
Mar 25, 2011
$145,000
Branch,bobby A
Credit Corp Of America INC
Grant Deed
—
Mar 23, 2011
—
Credit Corp Of America INC
Crescent St Bk
Quit Claim Deed
related
—
Mar 11, 2011
$150,000
Crescent St. Bk
Oliver James A
Trustees Deed
related
—
—
—
Ba Branch Properties LLC
—
Deed Of Trust
related
$415,991 · First Bk
—
—
Bobby A Branch
—
Deed Of Trust
related
$21,981 · Bonlee Inv Props II LLC
—
—
Branch,bobby A & Elizabeth
—
Deed Of Trust
related
$500,000 · First Bank
—
—
Ameritrans LLC
—
Deed Of Trust
related
$384,668 · Crescent State Bank
—
—
Branch,bobby A JR & Elizabeth N
—
Deed Of Trust
related
$415,991 · First Bk
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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