Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2023
Construction
BRICK
Total area
2,480 SF
Zoning code
TCC
APN
0755.13-03-8071 0517815
UPID
US53-0379322
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$691k
Blend (final)
Blend
$750k
Owner & transaction history
since 2024
Last sale
$748,000
1 recorded transaction
Zoning & alternative use
TCC · Morrisville, NC
Zoning description
The Town Center Commercial District along Morrisville Carpenter Road, Chapel Hill Road, and other corridors and gateways into the Town Center accommodates a mix of small scale retail, office and service, institutional, c…
General category
CIVIC_INSTITUTIONAL
Top alternative use upside
Retail stores
$1.1M
+116.8%
Auto repair, garage
$1.1M
+98.2%
Medical building
$855,000
+61.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$750k
Value range
$675k – $825k
±10% around blend
Estimated value / SF
$302 / SF
Confidence
High
9 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
90
$675k
blend $750k
$825k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,480 SF
Year built
2023
Stories
1
APN
0755.13-03-8071 0517815
Zoning
TCC
Assessed value
$735,158
3
Income approach: direct capitalization
Partial preview
Income approach indication
$715k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$775k
@ 6.5% CAP return
$715k
@ 7% CAP return
$665k
4
Sales comparison
Partial preview
Sales approach indication
$1.30M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.1 mi away · 2,250 SF
10.2 mi away · 2,454 SF
10.6 mi away · 3,145 SF
12.1 mi away · 2,803 SF
13.6 mi away · 2,464 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$750k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 34 sales
$213
+42%
Submarket 189 sales
$225
+34%
County 878 sales
$201
+51%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $302/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+117%
vs current-use indication
Auto Repair, Garage
Medical Building
Warehouse, Storage
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
6.20%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.20%
9.0%
NOI (est.)
$52k *
Last sale · Apr 2024
$748k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$845k
Move the market yield to see immediate price impact.
Value / SF
$341
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.70%6.20%6.70%
$47k
$827k
$760k
$703k
$52k
$919k
$845k
$781k
$58k
$1.01M
$929k
$860k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$730k
6.2 mi · Dec 2025 · $414/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$735,158
Assessed 2024
Previous assessed
$735,158
+0.0% YoY
Assessed improvement
$735,158
Improvement market value
$735,158
Total market value
$735,158
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2023
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,480 SF
Zoning code
TCC
APN
0755.13-03-8071 0517815
UPID
US53-0379322
Jurisdiction
WAKE
Zoning & alternative use
TCC · Morrisville, NCZoning TCC · permitted uses
TCC · Morrisville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The Town Center Commercial District along Morrisville Carpenter Road, Chapel Hill Road, and other corridors and gateways into the Town Center accommodates a mix of small scale retail, office and service, institutional, c…
General category
CIVIC_INSTITUTIONAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2023
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
TCC
CIVIC_INSTITUTIONAL
Jurisdiction
Morrisville, NC
Recorded code
TCC
Official district
TCC
Official district profile
What the municipal code says about TCC
Zoning description
The Town Center Commercial District along Morrisville Carpenter Road, Chapel Hill Road, and other corridors and gateways into the Town Center accommodates a mix of small scale retail, office and service, institutional, c…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TCC in Morrisville, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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