Back to Search
Property profile & analytics
OFF-MARKET
Investment properties
2225 Millbrook Rd Raleigh, NC 27612-2297
Entity Owned
5-yr Hold
Property ID
US53-5794331
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1935
Construction
FRAME
Total area
1,908 SF
Lot
0.72 ac (31,363 SF)
Zoning code
NX-3
APN
0796.06-48-0222 0269881
UPID
US53-5794331
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
-
Stevens Martin Vaughn & Tadych PLLC Law Firm
-
GeaRef (Bike/Boat/Book/etc) Store
-
Raleigh Kitchen Renovations Renovation Specialist General Contractor
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
Tavama Properties LLC · 5 yrs held
Tavama Properties LLC
since 2021
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
NX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
$5,080
Tax year 2023
Assessed value
$464,262
Assessed 2023
Previous assessed
$464,262
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$406,464
Assessed improvement
$57,798
Land market value
$406,464
Improvement market value
$57,798
Total market value
$464,262
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1935
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
1,908 SF
Lot
0.72 ac (31,363 SF)
Zoning code
NX-3
APN
0796.06-48-0222 0269881
UPID
US53-5794331
Jurisdiction
WAKE
Zoning & alternative use
NX-3 · Raleigh, NC
Zoning NX-3 · permitted uses
NX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Tavama Properties LLC
Entity
Mailing address
5312 BALMY DAWN CT, RALEIGH, NC 27613-1039
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
$400,000
Tavama Properties LLC
Tdc Ventures LLC
Special Warranty Deed
$301,000 · The Fidelity Bank
Dec 31, 2019
—
Tdc Ventures LLC
—
Deed
related
$125,000 · North St Bk
Feb 11, 2019
—
Tdc Ventures LLC
—
Deed
related
$140,776 · Wells Fargo Bk
Jun 28, 2005
$320,000
Clougherty,john H & Dorothy J
Moore,jeffery L & Jeanne R
Warranty Deed
$300,000 · Wachovia Bk
Jun 28, 2005
$184,000
Tdc Ventures LLC
Clougherty,john H & Dorothy J
Warranty Deed
—
Aug 13, 2003
$184,000
Jeffery L Moore
—
Grant Deed
related
—
Aug 11, 2003
$184,000
Jeffery L Moore
Hicks,william E
Grant Deed
—
—
—
Tdc Ventures LLC
—
Deed Of Trust
related
$140,776 · Wells Fargo Bk
—
—
Tdc Ventures LLC
—
Deed Of Trust
related
$125,000 · North St Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2225 Millbrook Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
