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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Warehouses
217 Technology Park Ln Fuquay Varina, NC 27526-9311
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US53-1692761
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
METAL FRAME
Total area
12,918 SF
Lot
2.76 ac (120,226 SF)
Zoning code
RLI
APN
0658.04-60-8928 0274408
UPID
US53-1692761
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
-
Myatt Landscaping and Construction Landscaping General Contractor
-
Myatt Building & Development LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.55M
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$1.30M
Owner & transaction history
Myatt Building & Dev LLC · 11 yrs held
Myatt Building & Dev LLC
since 2015
4 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,675,000
6.5%
$1,545,000
7%
$1,435,000
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±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
$101 / 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
$9,348
Tax year 2023
Assessed value
$840,628
Assessed 2023
Previous assessed
$840,628
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$240,452
Assessed improvement
$600,176
Land market value
$240,452
Improvement market value
$600,176
Total market value
$840,628
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
2000
Construction
METAL FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
12,918 SF
Lot
2.76 ac (120,226 SF)
Zoning code
RLI
APN
0658.04-60-8928 0274408
UPID
US53-1692761
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
2000
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
Myatt Building & Dev LLC
Entity
Mailing address
217 TECHNOLOGY PARK LN, FUQUAY VARINA, NC 27526-9311
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2023
—
Myatt Buildeg And Development LLC
—
Deed
related
$250,000 · North State Bank
Apr 6, 2023
—
Myatt Building & Development LLC
—
Deed
related
$1,500,000 · North State Bank
Jun 26, 2015
—
Myatt Building & Dev LLC
Myatt Peggy S & Ronald S
Quit Claim Deed
related
$665,000 · Branch Bk&tr
—
—
Peggy S Myatt
—
Deed Of Trust
related
$290,000 · Branch Banking & Trust Co
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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