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Property profile & analytics
OFF-MARKET Estimated value $1,925,000
Office buildings

2201 Candun Dr Apex, NC 27523-6404

12,336 SF 1.4 ac lot Built 1995
Trust Owned 15-yr Hold Free & Clear
Property ID
US53-1641503
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Construction BRICK
Total area 12,336 SF
Lot 1.4 ac (60,984 SF)
Zoning code PC
APN 0753.17-01-2553 0192932
UPID US53-1641503
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
  • Martin Salem Center Waste Management Facility
  • Code Refinery (Bike/Boat/Book/etc) Store Corporate Office
  • Barber Insurance Agency Insurance Agency
  • Grace Physical Therapy and Pelvic Health Medical Clinic
  • Crutchfield Advisors Inc Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.18M
Blend (final) Blend
$1.93M
Owner & transaction history
Martin David J & Marilyn B Trust · 15 yrs held
Martin David J & Marilyn B Trust
since 2010
2 recorded transactions
2010
Price N/A
1969
Price N/A
Zoning & alternative use
PC · Apex, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

PC Planned Commercial District The purpose and intent of the PC Planned Commercial District is to encourage the development of a moderate and high intensity mix of convenience and city- wide serving convenience and regional retail and related uses within a planned environment at the intersections of the Town’s arterials and major collector roads. TF Tech/Fle…

Zone name Planned Commercial
General category COMMERCIAL
Zone area 191.32 ac
Source Unified Development Ordinance
Top alternative use upside
Warehouse, storage $3.0M +25.4%
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