Property profile

2435 Reliance Ave Apex, NC 27539

OFF-MARKET
Warehouses
Property ID
US53-0386291
7,680 SF 1.16 ac lot Built 1996
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Construction METAL FRAME
Total area 7,680 SF
Lot 1.16 ac (50,530 SF)
Zoning code LI-CU
APN 0751.10-36-3310 0220651
UPID US53-0386291

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

2435 Reliance Ave Apex, NC 27539-7049
Apex metro Census 53431 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
$920k
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$550k

Owner & transaction history

since 2017
5 recorded transactions
2022
Price N/A
2019
Price N/A
2017
$745,000
2002
$600,000
1969
Price N/A

Zoning & alternative use

LI-CU · Apex, NC
Zoning description

The purpose and intent of the LI Light Industrial District is to provide sufficient lands in appropriate locations for certain types of businesses, light manufacturing, or processing uses that might cause undesirable eff…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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