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Property profile & analytics
OFF-MARKET
Estimated value
$5,795,000
Office buildings
19 Hargett St Raleigh, NC 27601-1391
Entity Owned
20-yr Hold
Free & Clear
Property ID
US53-0720287
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1924
Construction
BRICK
Total area
50,508 SF
Lot
0.15 ac (6,534 SF)
Zoning code
DX-40
APN
1703.34-68-8302 0064360
UPID
US53-0720287
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
-
J. Barnes Stephenson Jr. Law Firm
-
Duke University Health Systems Medical Clinic Hospital
-
Brannon David Law Firm
-
High Cotton Clothing & Fashion Store
-
Hiltzheimer Law Office, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.80M
Owner & transaction history
Odd Fellows Landlord LLC · 20 yrs held
Odd Fellows Landlord LLC
since 2006
7 recorded transactions
Zoning & alternative use
DX-40 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$115 / 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
$59,277
Tax year 2023
Assessed value
$10,144,958
Assessed 2023
Previous assessed
$10,144,958
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$2,284,940
Assessed improvement
$7,860,018
Land market value
$2,284,940
Improvement market value
$7,860,018
Total market value
$10,144,958
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1924
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Total area
50,508 SF
Lot
0.15 ac (6,534 SF)
Zoning code
DX-40
APN
1703.34-68-8302 0064360
UPID
US53-0720287
Jurisdiction
WAKE
Zoning & alternative use
DX-40 · Raleigh, NCZoning DX-40 · permitted uses
DX-40 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1924
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
5
Lot
0.15 ac
Current owner
From public records · entity-resolved
Odd Fellows Landlord LLC
Entity
Free & Clear · 20 yrs held
Mailing address
133 FAYETTEVILLE ST STE #600, RALEIGH, NC 27601-2911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2012
—
Odd Fellows Landlord LLC
—
Trustees Deed
related
$3,895,000 · First South Bank
Oct 31, 2007
—
Odd Fellows Landlord LLC
—
Trustees Deed
related
$3,800,000 · First South Bank
Jul 25, 2007
—
Odd Fellows Landlord LLC
—
Trustees Deed
related
$200,000 · Suntrust Bank NA
Jun 1, 2006
$1,650,000
Odd Fellows Landlord LLC
Odd Empire Fellows LLC
Grant Deed
related
—
Apr 26, 2004
$1,650,000
Odd Empire Fellows LLC
Carolina First Bank
Grant Deed
$3,016,000 · Central Carolina Bank & Trust
Feb 21, 2003
$2,466,000
Carolina First Bank
The Commerce Bui
Grant Deed
related
—
—
—
Odd Fellows Landlord LLC
—
Deed Of Trust
related
$4,500,000 · Pillar Multifamily
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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