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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Day care centers
3425 Rogers Rd Wake Forest, NC 27587-3809
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US53-5825622
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2004
Construction
BRICK
Total area
8,371 SF
Lot
1.3 ac (56,628 SF)
Zoning code
NB
APN
1840.03-41-7314 0311363
UPID
US53-5825622
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
-
Heritage Childrens Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$474k
Blend (final)
Blend
$510k
Owner & transaction history
Bap Learning LLC · 11 yrs held
Bap Learning LLC
since 2014
6 recorded transactions
Zoning & alternative use
NB · Wake Forest, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Neighborhood Business District is established as a district in which the principle use of land is for retail trade and services purposes of a lower intensity than the Highway Business (HB) District. Such districts are generally located near residential areas and cater to the everyday needs of nearby residential neighborhoods, stressing accessibility by a…
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
140.74 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 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
by Request
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$61 / 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
$22,682
Tax year 2023
Assessed value
$1,951,993
Assessed 2023
Previous assessed
$1,951,993
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$396,396
Assessed improvement
$1,555,597
Land market value
$396,396
Improvement market value
$1,555,597
Total market value
$1,951,993
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,371 SF
Lot
1.3 ac (56,628 SF)
Zoning code
NB
APN
1840.03-41-7314 0311363
UPID
US53-5825622
Jurisdiction
WAKE
Zoning & alternative use
NB · Wake Forest, NCZoning NB · permitted uses
NB · Wake Forest, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Neighborhood Business District is established as a district in which the principle use of land is for retail trade and services purposes of a lower intensity than the Highway Business (HB) District. Such districts are generally located near residential areas and cater to the everyday needs of nearby residential neighborhoods, stressing accessibility by automobiles, bicycles, and pedestrians.
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
140.74 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Bap Learning LLC
Entity
Mailing address
3425 ROGERS RD, WAKE FOREST, NC 27587-3809
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Sep 26, 2014
$1,593,000
Bap Learning LLC
Well Make It Work LLC
Warranty Deed
$815,000 · Regions Bk
Jul 27, 2004
—
Well Make It Work LLC
Franklin Village LLC
Grant Deed
related
—
Jan 20, 2004
$220,000
Well Make It Work LLC
Franklin Village LLC
Warranty Deed
$212,000 · North State Bank
—
—
Bap Learning LLC
—
Deed Of Trust
related
$815,000 · Regions Bk
—
—
Well Make It Work LLC
—
Deed Of Trust
related
$937,125 · North State Bank
—
—
Bap Learning LLC
—
Deed Of Trust
related
$671,000 · Self-help Ventures Fnd
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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