Property profile

1950 Lk Pne Dr Apex, NC 27502

OFF-MARKET
Car washes
Property ID
US53-2253792
3,302 SF 1.5 ac lot Built 2018
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 2018
Construction CONCRETE BLOCKS
Total area 3,302 SF
Lot 1.5 ac (65,340 SF)
Zoning code PC-CU
APN 0752.10-25-5429 0046798
UPID US53-2253792

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
  • Car Wash

Location

1950 Lk Pne Dr Apex, NC 27502-6408
Apex metro Census 53435 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.19M

Owner & transaction history

since 2021
Last sale
$4.0M
1 recorded transaction
2021
$4.0M

Zoning & alternative use

PC-CU · Apex, NC
Zoning description

The purpose and intent of the PC Planned Commercial District is to encourage the development of a moderate and high intensity mix of convenience and citywide serving convenience and regional retail and related uses withi…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1950 Lk Pne Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message