Entity Owned Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2022
Construction
BRICK
Total area
4,666 SF
Lot
1.09 ac (47,480 SF)
Zoning code
PUD-15-1
APN
1763.02-87-3907 0455023
UPID
US53-0437601
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.13M
Owner & transaction history
since 2021
Last sale
$700,000
1 recorded transaction
Zoning & alternative use
PUD-15-1 · Wendell, NC
Zoning description
The intent of this district is to allow for larger developments with integrated plans that may include all or some of the following types of uses: single family residential, multifamily residential, commercial, recreatio…
General category
PLANNED_DEVELOPMENT
Top alternative use upside
Auto repair, garage
$1.6M
+93.9%
Commercial (general)
$1.6M
+86.7%
Medical building
$1.5M
+82.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.13M
Value range
$1.01M – $1.24M
±10% around blend
Estimated value / SF
$241 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
$1.01M
blend $1.13M
$1.24M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,666 SF
Lot area
1.09 ac
Year built
2022
Stories
1
APN
1763.02-87-3907 0455023
Zoning
PUD-15-1
Assessed value
$2,318,364
Annual tax
$24,134
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.28M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.38M
@ 6.5% CAP return
$1.28M
@ 7% CAP return
$1.19M
4
Sales comparison
Partial preview
Sales approach indication
$1.19M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.3 mi away · 5,368 SF
12.7 mi away · 5,400 SF
15.5 mi away · 3,871 SF
16.7 mi away · 5,440 SF
23.6 mi away · 3,306 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.13M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 26 sales
$178
+35%
Submarket 26 sales
$178
+35%
County 376 sales
$316
-24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $241/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+94%
vs current-use indication
Commercial (general)
Medical Building
Warehouse, Storage
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
7.60%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.60%
9.0%
NOI (est.)
$49k *
Last sale · Dec 2021
$700k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$645k
Move the market yield to see immediate price impact.
Value / SF
$138
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.10%7.60%8.10%
$44k
$621k
$580k
$544k
$49k
$690k
$645k
$605k
$54k
$759k
$709k
$665k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$570k
7.4 mi · Sep 2025 · $126/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,134
Tax year 2024
Assessed value
$2,318,364
Assessed 2024
Previous assessed
$427,320
+442.5% YoY
Effective rate
1.04%
On assessed value
Assessed land
$854,640
Assessed improvement
$1,463,724
Land market value
$854,640
Improvement market value
$1,463,724
Total market value
$2,318,364
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2022
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,666 SF
Lot
1.09 ac (47,480 SF)
Zoning code
PUD-15-1
APN
1763.02-87-3907 0455023
UPID
US53-0437601
Jurisdiction
WAKE
Zoning & alternative use
PUD-15-1 · Wendell, NCZoning PUD-15-1 · permitted uses
PUD-15-1 · Wendell, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The intent of this district is to allow for larger developments with integrated plans that may include all or some of the following types of uses: single family residential, multifamily residential, commercial, recreatio…
General category
PLANNED_DEVELOPMENT
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
PUD-15-1
PLANNED_DEVELOPMENT
Jurisdiction
Wendell, NC
Recorded code
PUD-15-1
Official district
PUD-15-1
Official district profile
What the municipal code says about PUD-15-1
Zoning description
The intent of this district is to allow for larger developments with integrated plans that may include all or some of the following types of uses: single family residential, multifamily residential, commercial, recreatio…
General category
PLANNED_DEVELOPMENT
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PUD-15-1 in Wendell, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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