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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office buildings
320 New Fidelity Ct Garner, NC 27529-2665
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-4072605
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
BRICK
Total area
2,320 SF
Zoning code
CR
APN
1701.16-94-1553 0435790
UPID
US53-4072605
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
$480k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$570k
Owner & transaction history
Jzlp LLC · 3 yrs held
Jzlp LLC
since 2023
Last sale
$567,400
6 recorded transactions
Zoning & alternative use
CR · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$800,000
+96.4%
Commercial (general)
$770,000
+89.1%
Medical building
$755,000
+84.8%
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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
$445,000
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$410,000
Current use
AUTO REPAIR, GARAGE
$800,000
Change: +96% · Conversion: Difficult
COMMERCIAL (GENERAL)
$770,000
Change: +89% · Conversion: Easy
MEDICAL BUILDING
$755,000
Change: +85% · Conversion: Easy
RETAIL STORES
$735,000
Change: +80% · Conversion: Moderate
WAREHOUSE, STORAGE
$345,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $567k (Jan 27 2023)
Last sale anchor
$567k
Jan 27 2023
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
$246 / 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
$6,582
Tax year 2023
Assessed value
$512,637
Assessed 2023
Previous assessed
$512,637
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed improvement
$512,637
Improvement market value
$512,637
Total market value
$512,637
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,320 SF
Zoning code
CR
APN
1701.16-94-1553 0435790
UPID
US53-4072605
Jurisdiction
WAKE
Zoning & alternative use
CR · Garner, NC
Zoning CR · permitted uses
CR · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$410,000
AUTO REPAIR, GARAGE
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$770,000
MEDICAL BUILDING
Est. value
$755,000
RETAIL STORES
Est. value
$735,000
WAREHOUSE, STORAGE
Est. value
$345,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2007
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Jzlp LLC
Entity
Free & Clear · 3 yrs held
Mailing address
200 CROSS OAKS PL, HOLLY SPRINGS, NC 27540-6237
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2023
$2,400,000
Jzlp LLC
Appleton Holdings LLC
Special Warranty Deed
—
Mar 11, 2021
$2,785,000
Appleton Holdings LLC
Wright Business Associates LLC
Special Warranty Deed
$1,900,000 · Southern Bank & Trust Co
Mar 27, 2019
—
Wright Business Associates LLC
—
Deed
related
$150,000 · Xenith Bk
Feb 7, 2019
$2,175,000
Wright Business Associates LLC
New Fidelity LLC
Grant Deed
$1,593,000 · Xenith Bk
Sep 19, 2017
$983,000
New Fidelity LLC
Azalea Building LLC
Grant Deed
$1,332,000 · Providence Bk
—
—
Wright Business Associates LLC
—
Deed Of Trust
related
$150,000 · Xenith Bk
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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