New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,525,000
Drive through restaurants
3460 Kildaire Farm Rd Cary, NC 27518-1541
Entity Owned
Free & Clear
Property ID
US53-3774738
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2018
Construction
BRICK
Total area
2,018 SF
Lot
0.64 ac (27,878 SF)
Zoning code
GCP
APN
0761.03-01-7544 0302156
UPID
US53-3774738
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.53M
Owner & transaction history
Millpond Village Property Owner LLC
Millpond Village Property Owner LLC
since 2025
Last sale
$7.7M
7 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
$9,230,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.53M
Range $6.77M – $8.28M · ±10% · vs last sale $7.70M (Feb 13 2020)
Last sale anchor
$7.70M
Feb 13 2020
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
$3,729 / 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
$14,497
Tax year 2023
Assessed value
$1,446,841
Assessed 2023
Previous assessed
$1,446,841
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$713,677
Assessed improvement
$733,164
Land market value
$713,677
Improvement market value
$733,164
Total market value
$1,446,841
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2018
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,018 SF
Lot
0.64 ac (27,878 SF)
Zoning code
GCP
APN
0761.03-01-7544 0302156
UPID
US53-3774738
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
2018
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Millpond Village Property Owner LLC
Entity
Free & Clear · 0 yrs held
Mailing address
40900 WOODWARD AVE STE #250, BLOOMFIELD HILLS, MI 48304-5119
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Millpond Village Property Owner LLC
Alidade Millpond Land LLC
Warranty Deed
—
Apr 28, 2021
—
Alidade Millpond Retail LLC
—
Deed
related
$356,800,000 · Associated Bk
Aug 24, 2020
—
Alidade Millpond Outparcel LLC
—
Deed
related
$324,800,000 · Associated Bk
Feb 13, 2020
—
Alidade Millpond Outparcel LLC
Millpond Holdings LP
Intrafamily Transfer
related
—
Feb 12, 2020
$1,737,000
Alidade Millpond Outparcel LLC
Millpond Holdings LP
Grant Deed
$250,000 · Associated Bk
Aug 19, 2016
—
Millpond Holdings LP
—
Deed
related
$16,000,000 · Nxt Cap Fndg II
May 20, 2016
—
Millpond Holdings LP
—
Deed
related
$16,000,000 · Nxt Cap Fndg II
May 24, 2011
—
Millpond Holdings LP
Ddr Southeast Millpond LLC
Quit Claim Deed
related
$16,000,000 · Nxt Cap
May 28, 2004
$7,700,000
Inland Southeast Millpond LLC
Kimsouth Mmc LLC
Grant Deed
—
—
—
Millpond Holdings LP
—
Loan Modification
related
$16,000,000 · Nxt Cap Fndg II
—
—
Millpond Holdings LP
—
Loan Modification
related
$16,000,000 · Nxt Cap Fndg II
—
—
Alidade Millpond Outparcel LLC
—
Loan Modification
related
$324,800,000 · Associated Bk
—
—
Alidade Millpond Retail LLC
—
Loan Modification
related
$324,800,000 · Associated Bk
—
—
Alidade Millpond Retail LLC
—
Loan Modification
related
$356,800,000 · Associated 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3460 Kildaire Farm Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
