Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,205,000
Warehouses
2290 Creekside Lndg Dr Apex, NC 27523-8901
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-4720579
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
BRICK
Total area
86,637 SF
Lot
3.03 ac (131,987 SF)
Zoning code
TF-CZ
APN
0732.01-47-5382 0458190
UPID
US53-4720579
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
-
Alma Artte (Bike/Boat/Book/etc) Store Factory
-
Bee Safe Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.02M
Comparable Approach
Comparable
$13.74M
Blend (final)
Blend
$14.21M
Owner & transaction history
Bee Safe Apex LLC · 2 yrs held
Bee Safe Apex LLC
since 2024
2 recorded transactions
Zoning & alternative use
TF-CZ · Apex, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Neighborhood Business Conditional Zoning District; B2-CZ Downtown Business Conditional Zoning District; B3-CZ Transitional Business Conditional Zoning District; PC-CZ Planned Commercial Conditional Zoning District; and TF-CZ Tech/Flex Conditional Zoning District; 3.2.7 Conditional Zoning Industrial Districts A) LI-CZ Light Industrial Conditional Zoning Distr…
Zone name
Technology Flex Conditional Zoning
General category
INDUSTRIAL
Zone area
164.41 ac
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 Apex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apex 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,100,000
6.5%
$13,015,000
7%
$12,085,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$20,950,000
Current use
RETAIL STORES
$18,770,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$14.21M
Range $12.78M – $15.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$164 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$145,965
Tax year 2024
Assessed value
$17,101,960
Assessed 2024
Previous assessed
$17,101,960
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,055,896
Assessed improvement
$16,046,064
Land market value
$1,055,896
Improvement market value
$16,046,064
Total market value
$17,101,960
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
3
Units
578
Total area
86,637 SF
Lot
3.03 ac (131,987 SF)
Zoning code
TF-CZ
APN
0732.01-47-5382 0458190
UPID
US53-4720579
Jurisdiction
WAKE
Zoning & alternative use
TF-CZ · Apex, NCZoning TF-CZ · permitted uses
TF-CZ · Apex, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Neighborhood Business Conditional Zoning District; B2-CZ Downtown Business Conditional Zoning District; B3-CZ Transitional Business Conditional Zoning District; PC-CZ Planned Commercial Conditional Zoning District; and TF-CZ Tech/Flex Conditional Zoning District; 3.2.7 Conditional Zoning Industrial Districts A) LI-CZ Light Industrial Conditional Zoning District; and B) HI-CZ Heavy Industrial Conditional Zoning District. 3.2.8 Conditional Zo
Zone name
Technology Flex Conditional Zoning
General category
INDUSTRIAL
Zone area
164.41 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$21.0M
RETAIL STORES
Est. value
$18.8M
WAREHOUSE, STORAGE Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Units
578
Lot
3.03 ac
Current owner
From public records · entity-resolved
Bee Safe Apex LLC
Entity
Mailing address
PO BOX 9846, GREENSBORO, NC 27429-0846
Ownership since
2024
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
Jan 12, 2024
—
Bee Safe Apex LLC
Bee Safe Creekside LLC
Intrafamily Transfer
related
$15,000,000 · Wells Fargo Bank NA
Aug 13, 2018
—
Bee Safe Creekside LLC
—
Deed Of Trust
related
$11,200,000 · Wells Fargo 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 2290 Creekside Lndg Dr?
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.
