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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Automotive properties
2900 Main St Fuquay Varina, NC 27526-8576
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-0972188
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1978
Construction
METAL FRAME
Total area
10,116 SF
Lot
6.94 ac (302,306 SF)
Zoning code
GC
APN
0677.02-88-8954 0028300
UPID
US53-0972188
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
-
Inline Auto Sale Car Dealership
-
Karma of Fuquay Brake Shop Car Repair And Maintenance Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$870k
Owner & transaction history
Inline Properties LLC · 8 yrs held
Inline Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
GC · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC zoning district is intended to permit a mix of high intensity nonresidential development of convenience services, retail, office, institutional, regional retail shopping, employment centers, and service uses. This district is generally located at intersections of and along arterial roads (freeways, expressways, parkways, and boulevards) and major thor…
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
512.43 ac
Source
Realmo
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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$86 / 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
$19,456
Tax year 2023
Assessed value
$1,753,203
Assessed 2023
Previous assessed
$1,749,651
+0.2% YoY
Effective rate
1.11%
On assessed value
Assessed land
$974,612
Assessed improvement
$778,591
Land market value
$974,612
Improvement market value
$778,591
Total market value
$1,753,203
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1978
Construction
METAL FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
10,116 SF
Lot
6.94 ac (302,306 SF)
Zoning code
GC
APN
0677.02-88-8954 0028300
UPID
US53-0972188
Jurisdiction
WAKE
Zoning & alternative use
GC · Fuquay Varina, NCZoning GC · permitted uses
GC · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC zoning district is intended to permit a mix of high intensity nonresidential development of convenience services, retail, office, institutional, regional retail shopping, employment centers, and service uses. This district is generally located at intersections of and along arterial roads (freeways, expressways, parkways, and boulevards) and major thoroughfares serving 2 miles or greater in area. Public utilities are required.
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
512.43 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1978
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
6.94 ac
Current owner
From public records · entity-resolved
Inline Properties LLC
Entity
Mailing address
6815 HOLLY SPGS RD, RALEIGH, NC 27606-4322
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2025
—
Inline Properties LLC
—
Deed
related
$1,750,000 · First Bank
Mar 26, 2021
—
Inline Properties LLC
—
Deed
related
$1,525,000 · First Bank
Oct 24, 2017
$1,950,000
Inline Properties LLC
Anchor Properties Of Raleigh LLC
Trustees Deed
$1,755,000 · Branch Bk&tr
Oct 1, 2014
—
Anchor Properties Of Raleigh LLC
Aaa Trading Co INC
Grant Deed
related
—
Sep 17, 2014
—
Anchor Props INC
Aaa Trading Co INC
Quit Claim Deed
related
—
Jan 19, 2012
$1,100,000
Aaa Trading INC
Demomike LLC
Grant Deed
$880,000 · Branch Banking & Trust Co
Dec 29, 2006
$1,600,000
Demomike LLC
Wachovia Bank NA
Grant Deed
$1,465,000 · Branch Banking & Trust Co
Sep 7, 2005
—
Jenkins Kata Trust
Jenkins,harry W
Quit Claim Deed
related
—
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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