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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Drug stores
305 Judd NE Pkwy Fuquay Varina, NC 27526-2370
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-2064004
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2001
Construction
BRICK
Total area
2,000 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CC-CZD
APN
0666.06-48-9992 0273453
UPID
US53-2064004
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
-
Fuquay Pharmacy Pharmacy
-
Teressa Haddon Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$920k
Owner & transaction history
R A S Real Estate Holdings LLC · 3 yrs held
R A S Real Estate Holdings LLC
since 2022
Last sale
$850,000
5 recorded transactions
Zoning & alternative use
CC-CZD · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CC-CZD zoning district is intended to accommodate medium-scale intensity nonresidential development of a mix of convenience services, retail, office and limited institutional uses. This district is generally located at intersections designated as an urban center with arterial roads (parkways, boulevards and major thoroughfares), and generally intended to…
Zone name
Corridor Commercial Conditional Zoning District
General category
CIVIC_INSTITUTIONAL
Zone area
286.81 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$1.1M
+97.5%
Auto repair, garage
$690,000
+23.8%
Commercial (general)
$665,000
+19.2%
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
$985,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,100,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$690,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$665,000
Change: +19% · Conversion: Easy
MEDICAL BUILDING
$650,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $850k (Sep 14 2022)
Last sale anchor
$850k
Sep 14 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
$460 / 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
$8,297
Tax year 2023
Assessed value
$746,115
Assessed 2023
Previous assessed
$746,115
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$235,224
Assessed improvement
$510,891
Land market value
$235,224
Improvement market value
$510,891
Total market value
$746,115
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2001
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,000 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CC-CZD
APN
0666.06-48-9992 0273453
UPID
US53-2064004
Jurisdiction
WAKE
Zoning & alternative use
CC-CZD · Fuquay Varina, NCZoning CC-CZD · permitted uses
CC-CZD · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CC-CZD zoning district is intended to accommodate medium-scale intensity nonresidential development of a mix of convenience services, retail, office and limited institutional uses. This district is generally located at intersections designated as an urban center with arterial roads (parkways, boulevards and major thoroughfares), and generally intended to be located within 1 to one and one-half (1-1/2) miles from neighborhoods in the vicinity of this district. Public utilities are required.
Zone name
Corridor Commercial Conditional Zoning District
General category
CIVIC_INSTITUTIONAL
Zone area
286.81 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$560,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$665,000
MEDICAL BUILDING
Est. value
$650,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2001
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
R A S Real Estate Holdings LLC
Entity
Mailing address
114 W MAIN ST, DURHAM, NC 27701-3604
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 14, 2022
$850,000
R A S Real Estate Holdings LLC
Rx Care LLC
Special Warranty Deed
$640,000 · United Community Bank
May 7, 2013
$480,000
Rx Care LLC
305 N Judd Parkway LLC
Warranty Deed
$384,000 · 305 N Judd Parkway LLC
Jul 31, 2008
—
305 N Judd Parkway LLC
Updegrave,eleanor J
Warranty Deed
related
—
Nov 14, 2007
$650,000
Eleanor J Updegrave
Bdwd LLC
Warranty Deed
—
—
—
Rx Care 13 LLC
—
Loan Modification
related
$236,971 · 305 N Judd Parkway LLC
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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