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Property profile & analytics
OFF-MARKET
Retail space
218 New Rand Rd Garner, NC 27529-4015
Individually Owned
4-yr Hold
Free & Clear
Property ID
US53-5600970
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
CONCRETE BLOCKS
Total area
832 SF
Lot
0.21 ac (9,148 SF)
Zoning code
R4
APN
1711.20-80-0103 0016941
UPID
US53-5600970
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
-
Jeans Barber & Beauty Salon Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Angela K Gupta · 4 yrs held
Angela K Gupta
since 2022
Last sale
$125,000
2 recorded transactions
Zoning & alternative use
R4 · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R4 district accommodates suburban residential development at a moderate density. These neighborhoods primarily consist of detached single family structures or duplexes and require public water and sewer service as well as infrastructure to support walking and outdoor recreation.
Zone name
Residential 4
General category
RESIDENTIAL
Zone area
2,748.72 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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$825
Tax year 2023
Assessed value
$64,229
Assessed 2023
Previous assessed
$64,229
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$45,000
Assessed improvement
$19,229
Land market value
$45,000
Improvement market value
$19,229
Total market value
$64,229
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Stories
1
Total area
832 SF
Lot
0.21 ac (9,148 SF)
Zoning code
R4
APN
1711.20-80-0103 0016941
UPID
US53-5600970
Jurisdiction
WAKE
Zoning & alternative use
R4 · Garner, NCZoning R4 · permitted uses
R4 · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R4 district accommodates suburban residential development at a moderate density. These neighborhoods primarily consist of detached single family structures or duplexes and require public water and sewer service as well as infrastructure to support walking and outdoor recreation.
Zone name
Residential 4
General category
RESIDENTIAL
Zone area
2,748.72 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Angela K Gupta
Individual
Free & Clear · 4 yrs held
Mailing address
3316 BOULDER CT, RALEIGH, NC 27607-3111
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$125,000
Angela K Gupta
Logan Darensburg II
Warranty Deed
—
Jul 30, 2014
$500
Logan Darensburg II
Davis,emma J
Warranty Deed
related
—
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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