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    Property profile & analytics

    2172 Salem St, Unit 2 Apex, NC 27523-0003

    • Office buildings
    • 1,707 SF
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US53-0717095
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Team Williams / Personal Trainer
    • The Apex Ki Do Kwan / Martial Arts School
    • TreatmentHub365 / Mental Health Clinic / Addiction Treatment Center
    • Western Wake Treatment Center / Addiction Treatment Center
    • Hien Nguyen / Psychiatrist / General Practitioner

    Property Details for 2172 Salem St

    Year built
    2002
    Construction
    BRICK
    Property size
    1,707 SF
    Zone code
    B1-CU
    Property type
    Office buildings
    APN
    0743.20-90-3511 0305148
    APU
    743209035110305148

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $250,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $285,000
      Mixed-Use
      $270,000
      Hospitality
      $250,000
      Educational
      $265,000
      Residential Income
      $245,000
      Energy
      $245,000
      Income-Based Land
      $255,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Apex
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8344
    Latitude
    35.7567
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,829
    $0.00
    $257,873
    $257,873
    -
    $0.00
    $257,873
    $257,873

    Comparable in this City

    • Value Estimation by Request
      9,828 SF

      2166 Salem St

      OFFICE BUILDING • 9,828 SF
      2166 Salem St, Apex, NC 27523-0002
      View Details
    • Value Estimation
      $235,000
      1,130 SF

      2180 Salem St Ste, Unit 104

      OFFICE BUILDING • 1,130 SF
      2180 Salem St Ste, Apex, NC 27523-6458
      View Details
    • Value Estimation
      $245,000
      1,489 SF

      2186 Salem St Ste, Unit 104

      OFFICE BUILDING • 1,489 SF
      2186 Salem St Ste, Apex, NC 27523-6459
      View Details
    • Value Estimation by Request
      733 SF

      2172 Salem St Ste, Unit 104

      OFFICE BUILDING • 733 SF
      2172 Salem St Ste, Apex, NC 27523-6457
      View Details
    • Value Estimation by Request
      12,336 SF

      2201 Candun Dr

      OFFICE BUILDING • 12,336 SF
      2201 Candun Dr, Apex, NC 27523-6404
      View Details
    • Value Estimation
      $250,000
      1,728 SF

      2172 Salem St Ste, Unit 101

      OFFICE BUILDING • 1,728 SF
      2172 Salem St Ste, Apex, NC 27523-8216
      View Details

    Similar Nearby for Sale

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      Residential land near Jordan Lake with recreational opportunities and conveniences.
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      Secluded Land Near Jordan Lake

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    Similar Nearby for Lease

    • Contact for pricing
      21 SF

      New Retail and Office Center

      New multitenant retail and office center under construction in Apex, NC.
      8375 Green Level Church Rd, Apex, NC 27523
      View Details
    • Contact for pricing
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      Apex Office Space for Lease

      Prime Apex location, two suites available.
      8375 Green Level Church Rd, Apex, NC 27523
      View Details
    • Contact for pricing
      154,350 SF

      Apex Warehouse Space Available

      154,350 sqft warehouse/industrial space for lease in Apex, NC.
      1475-1485 Goodwin Rd, Apex, NC 27523
      View Details
    • Contact for pricing
      305,470 SF

      Apex Warehouse Space Available

      305,470 sqft warehouse/distribution space in Apex, North Carolina.
      2880 Lowell Rd, Apex, NC 27523
      View Details
    • Contact for pricing

      Retail Space in Apex, NC

      Retail space available in a dominant shopping center.
      Apex, NC 27523
      View Details
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    Apex, NC 27523-0003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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