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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Office buildings
201 Academy St Fuquay Varina, NC 27526-2248
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-5630332
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Construction
CONCRETE BLOCKS
Total area
4,157 SF
Lot
0.25 ac (10,890 SF)
Zoning code
DC-1
APN
0666.05-07-0734 0068744
UPID
US53-5630332
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
-
Fuquay Works Coworking & Hybrid Office
-
Shiper Realty Real Estate Agency
-
Triangle to Coast Property Management Property Management Company
-
Bee at Home Home Health Care Service
-
Hidden Wounds Family Therapy PLLC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$635k
Owner & transaction history
C4 Fv Holdings LLC · 4 yrs held
C4 Fv Holdings LLC
since 2021
Last sale
$638,000
7 recorded transactions
Zoning & alternative use
DC-1 · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$870,000
+4.5%
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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$645,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$835,000
Current use
WAREHOUSE, STORAGE
$870,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $638k (Sep 24 2021)
Last sale anchor
$638k
Sep 24 2021
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
$153 / 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
$4,046
Tax year 2023
Assessed value
$363,829
Assessed 2023
Previous assessed
$363,829
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$87,229
Assessed improvement
$276,600
Land market value
$87,229
Improvement market value
$276,600
Total market value
$363,829
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
Status
Off-Market
Year built
1951
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,157 SF
Lot
0.25 ac (10,890 SF)
Zoning code
DC-1
APN
0666.05-07-0734 0068744
UPID
US53-5630332
Jurisdiction
WAKE
Zoning & alternative use
DC-1 · Fuquay Varina, NC
Zoning DC-1 · permitted uses
DC-1 · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$870,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
C4 Fv Holdings LLC
Entity
Mailing address
2300 GINGER GOLD CT, APEX, NC 27539-8821
Ownership since
2021
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
Jan 12, 2022
—
C4 Fv Holdings LLC
—
Deed
related
$952,000 · North State Bank
Sep 24, 2021
$1,288,500
C4 Fv Holdings LLC
Fuquay Works LLC
Warranty Deed
$952,000 · North State Bank
Feb 12, 2020
$675,000
Fuquay Works LLC
Thomas Williford Properties LLC
Warranty Deed
$540,000 · First Federal Bank
Sep 7, 2018
—
Thomas Williford Prop LLC
—
Deed
related
$15,000 · Fidelity Bk
Mar 23, 2007
$505,000
Thomas Williford Props LLC
Sugg James L SR
Grant Deed
$566,000 · Branch Banking & Trust Co
—
—
Thomas Williford Props LLC
—
Deed Of Trust
related
$552,500 · Fidelity Bank NA
—
—
Thomas Williford Prop LLC
—
Deed Of Trust
related
$15,000 · Fidelity 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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