Property profile

206 Salem St Apex, NC 27502

OFF-MARKET
Investment properties
Property ID
US53-5698604
1,730 SF 0.38 ac lot Built 1905
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1905
Construction FRAME
Total area 1,730 SF
Lot 0.38 ac (16,553 SF)
Zoning code MORR-CZ
APN 0742.18-30-6421 0310498
UPID US53-5698604

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
  • Loan Service Bank

Location

206 Salem St Apex, NC 27502-1825
Apex metro Census 53429 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2025
Last sale
$1.3M
6 recorded transactions
2026
Price N/A
2025
$1.3M
2021
$210,000
2017
Price N/A
2015
$320,000
1969
Price N/A

Zoning & alternative use

MORR-CZ · Apex, NC
Zoning description

al Zoning District; HDMF-CZ High Density Multi-Family Residential Conditional Zoning District; MH-CZ Manufactured Housing Residential Conditional Zoning District; MHP-CZ Mobile Home Park Conditional Zoning District; and…

General category MIXED_USE

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
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