Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Warehouses
2717 Leighton Rdg Dr Wake Forest, NC 27587-5987
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-0706581
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2011
Construction
BRICK
Total area
9,100 SF
Lot
1.34 ac (58,370 SF)
Zoning code
LI
APN
1739.04-61-4023 0366843
UPID
US53-0706581
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
-
North Carolina Orthotics and Prosthetics, Inc. Orthotics & Prosthetics Service
-
Sundek of North Carolina Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.32M
Owner & transaction history
Robert William Lenfestey · 3 yrs held
Robert William Lenfestey
since 2022
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
LI · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+83.4%
Commercial (general)
$3.0M
+76.6%
Medical building
$3.0M
+72.5%
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 Wake Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wake Forest 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
$2,910,000
ML approach
$2,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,715,000
Current use
AUTO REPAIR, GARAGE
$3,145,000
Change: +83% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,025,000
Change: +77% · Conversion: Difficult
MEDICAL BUILDING
$2,955,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$2,175,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.22M (Sep 30 2022)
Last sale anchor
$2.22M
Sep 30 2022
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
$255 / 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
$21,396
Tax year 2024
Assessed value
$2,174,140
Assessed 2024
Previous assessed
$2,174,140
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$277,258
Assessed improvement
$1,896,882
Land market value
$277,258
Improvement market value
$1,896,882
Total market value
$2,174,140
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2011
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
9,100 SF
Lot
1.34 ac (58,370 SF)
Zoning code
LI
APN
1739.04-61-4023 0366843
UPID
US53-0706581
Jurisdiction
WAKE
Zoning & alternative use
LI · Wake Forest, NC
Zoning LI · permitted uses
LI · Wake Forest, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wake Forest. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2011
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Robert William Lenfestey
Individual
Mailing address
2717 LEIGHTON RDG DR, WAKE FOREST, NC 27587-5987
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
$2,215,000
Robert William Lenfestey
John Nomad Investments LLC
Warranty Deed
$1,550,500 · United Community Bank
Sep 30, 2022
—
Robert William Lenfestey
John Nomad Investments LLC
Warranty Deed
—
Jun 14, 2011
—
John Nomad Investments LLC
—
Trustees Deed
related
$1,018,000 · First Chatham Bank
Apr 1, 2011
—
John Nomad Investments LLC
North Carolina Orthotics & Pro
Warranty Deed
related
$1,018,000 · First Chatham Bank
Jan 29, 2010
$107,500
Carolina Orthotics North
Fmd INC
Warranty Deed
$90,276 · Union Bank & Trust
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 2717 Leighton Rdg 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.
