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Property profile & analytics
OFF-MARKET
Estimated value
$6,720,000
Grocery and convenience stores
2750 Nc 55th Hwy Cary, NC 27519-6205
Trust Owned
2-yr Hold
Free & Clear
Property ID
US53-2306133
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2005
Construction
BRICK
Total area
56,336 SF
Lot
8.18 ac (356,321 SF)
Zoning code
GCP
APN
0734.04-80-5956 0168999
UPID
US53-2306133
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.54M
Comparable Approach
Comparable
$7.55M
Blend (final)
Blend
$6.72M
Owner & transaction history
Wal Mart Real Estate Business Trust · 2 yrs held
Wal Mart Real Estate Business Trust
since 2024
Last sale
$6.9M
4 recorded transactions
Zoning & alternative use
GCP · Cary, 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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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%
$6,000,000
6.5%
$5,535,000
7%
$5,140,000
Blend value · Realmo final
$6.72M
Range $6.05M – $7.39M · ±10% · vs last sale $6.90M (Apr 18 2024)
Last sale anchor
$6.90M
Apr 18 2024
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
$119 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$79,905
Tax year 2023
Assessed value
$7,974,515
Assessed 2023
Previous assessed
$7,974,515
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$2,986,755
Assessed improvement
$4,987,760
Land market value
$2,986,755
Improvement market value
$4,987,760
Total market value
$7,974,515
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2005
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
56,336 SF
Lot
8.18 ac (356,321 SF)
Zoning code
GCP
APN
0734.04-80-5956 0168999
UPID
US53-2306133
Jurisdiction
WAKE
Zoning & alternative use
GCP · Cary, NC
Zoning GCP · permitted uses
GCP · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
8.18 ac
Current owner
From public records · entity-resolved
Wal Mart Real Estate Business Trust
Trust
Free & Clear · 2 yrs held
Mailing address
11995 SE EL CAMINO REAL ST, SAN DIEGO, CA 92130-2539
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2024
$6,900,000
Wal Mart Real Estate Business Trust
Vereit Real Estate LP
Special Warranty Deed
—
Dec 27, 2012
$8,630,000
Cole Wm Cary Nc LLC
Crown Of Cary Dev Group LLC
Grant Deed
—
Dec 20, 2011
$4,100,000
Crown Of Cary Dev Group LLC
Kroger LP I
Grant Deed
$4,400,000 · Wells Fargo Bank
Feb 23, 2005
$23,500
LP I Kroger
Crown Of West Park LLC
Grant Deed
—
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.
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