Financial
Distress signals
Property profile

1895 Franklin St Wake Forest, NC 27587

OFF-MARKET
Grocery and convenience stores
Property ID
US53-2838884
6,442 SF 3.89 ac lot Built 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$3.22M
Assessed land$912k
Assessed improvement$2.31M
Effective rate1.16%

Value estimate

· Sep 2026
$1.92M
$1.72M – $2.11M
CAP approach$1.76M
Submarket $/SF estimate$2.11M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$239/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$167 – $327
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NB
The Neighborhood Business District is established as a district in which the principle use of land is for retail trade and services purpo...
General categoryCOMMERCIAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.4
Wholesale Shop17.0
Auto Repair Shop14.4

Location

1895 Franklin St Wake Forest, NC 27587-2733
County assessor Recorded deeds · not on file 9 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
515 Dr Calvin Jones, Wake Forest, NC 27587-3158 $11,500,000 Mar 2024 8,576 SF
1241 Main St, Wake Forest, NC 27587-9494 $1,400,000 Jan 2023 7,840 SF
10012 Capital, Wake Forest, NC 27587-7786 $6,100,000 Dec 2022 5,934 SF
102 Nn, Wake Forest, NC 27587-2328 $1,750,000 Feb 2022 6,090 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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