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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3600 Lk Boone Trl Raleigh, NC 27607-3040
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-5670931
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1991
Construction
STONE
Total area
1,159 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CX-3
APN
0795.17-12-2003 0077750
UPID
US53-5670931
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
-
Amazon Locker - Tian Courier Service Postal Service
-
Cardtronics ATM Atm
-
Circle K Car Wash Car Wash
-
Circle K Car Wash
-
ATM (Circle K) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Getty Leasing INC · 7 yrs held
Getty Leasing INC
since 2019
5 recorded transactions
Zoning & alternative use
CX-3 · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,753
Tax year 2023
Assessed value
$803,066
Assessed 2023
Previous assessed
$803,066
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$437,125
Assessed improvement
$365,941
Land market value
$437,125
Improvement market value
$365,941
Total market value
$803,066
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1991
Construction
STONE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
1,159 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CX-3
APN
0795.17-12-2003 0077750
UPID
US53-5670931
Jurisdiction
WAKE
Zoning & alternative use
CX-3 · Raleigh, NC
Zoning CX-3 · permitted uses
CX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
STONE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Getty Leasing INC
Entity
Free & Clear · 7 yrs held
Mailing address
292 MADISON AVE FL #9, NEW YORK, NY 10017-6376
Ownership since
2019
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
Jun 20, 2019
$1,616,000
Getty Leasing INC
Lake Boone Melco LLC
Grant Deed
—
Jun 20, 2019
—
Getty Leasing INC
Lake Boone Melco LLC
Grant Deed
related
—
Dec 29, 2006
$1,405,000
Lake Boone Melco LLC
Circle K Stores INC
Grant Deed
—
Mar 22, 2004
—
Circle K Stores INC
—
Deed Of Trust
related
$622,910,380 · National Bank Canada
Jan 7, 2004
—
Circle K Stores INC
Conocophillips
Deed Of Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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