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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Warehouses
208 Technology Park Ln Fuquay Varina, NC 27526-5875
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US53-1111178
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
METAL FRAME
Total area
12,000 SF
Lot
3.07 ac (133,729 SF)
Zoning code
RLI
APN
0658.04-70-4531 0274419
UPID
US53-1111178
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
-
VarSci, LLC Factory Industrial Manufacturer
-
Amerlab Scientific LLC Industrial Manufacturer Production Facility
-
Merge Scientific Solutions Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.08M
Owner & transaction history
Mercury Ventures LLC · 14 yrs held
Mercury Ventures LLC
since 2011
5 recorded transactions
Zoning & alternative use
RLI · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
$21
Zone name
Research Light Industrial
General category
INDUSTRIAL
Zone area
349.87 ac
Source
Realmo
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
by Request
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$1,555,000
6.5%
$1,435,000
7%
$1,330,000
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10%
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
$90 / 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
$13,709
Tax year 2023
Assessed value
$1,232,859
Assessed 2023
Previous assessed
$1,232,859
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$247,912
Assessed improvement
$984,947
Land market value
$247,912
Improvement market value
$984,947
Total market value
$1,232,859
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,000 SF
Lot
3.07 ac (133,729 SF)
Zoning code
RLI
APN
0658.04-70-4531 0274419
UPID
US53-1111178
Jurisdiction
WAKE
Zoning & alternative use
RLI · Fuquay Varina, NCZoning RLI · permitted uses
RLI · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
$21
Zone name
Research Light Industrial
General category
INDUSTRIAL
Zone area
349.87 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.07 ac
Current owner
From public records · entity-resolved
Mercury Ventures LLC
Entity
Mailing address
4812 CLUBVIEW CT, FUQUAY VARINA, NC 27526-8681
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2011
—
Mercury Ventures LLC
Howe,william H & Elena V
Warranty Deed
$200,000 · Suntrust Bank NA
May 7, 2007
$383,500
William V Howe
Howe,elena V
Quit Claim Deed
related
—
Feb 2, 2007
—
William H Howe
Center 146 LLC
Grant Deed
related
—
Dec 14, 2005
$383,500
William H Howe
Center 146 LLC
Warranty Deed
—
Jul 15, 2005
$135,000
Center 146 LLC
Montague,harvey L SR & Texanna J
Warranty Deed
$178,251 · Ticor Title Insurance
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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