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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Warehouses
3711 Tarheel Dr Raleigh, NC 27609-7518
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-1733301
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
BRICK
Total area
16,844 SF
Lot
1.51 ac (65,776 SF)
Zoning code
IX-3
APN
1715.11-67-1471 0047578
UPID
US53-1733301
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
-
Collision Masters LLC Auto Repair Shop
-
Jim's Auto Services Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Collision Masters LLC · 10 yrs held
Collision Masters LLC
since 2016
6 recorded transactions
Zoning & alternative use
IX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
Zone name
Industrial Mixed Use
General category
MIXED_USE
Zone area
4,634.30 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 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
$85 / 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
$9,311
Tax year 2023
Assessed value
$854,219
Assessed 2023
Previous assessed
$854,219
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$354,252
Assessed improvement
$499,967
Land market value
$354,252
Improvement market value
$499,967
Total market value
$854,219
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
BRICK
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
16,844 SF
Lot
1.51 ac (65,776 SF)
Zoning code
IX-3
APN
1715.11-67-1471 0047578
UPID
US53-1733301
Jurisdiction
WAKE
Zoning & alternative use
IX-3 · Raleigh, NCZoning IX-3 · permitted uses
IX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
Zone name
Industrial Mixed Use
General category
MIXED_USE
Zone area
4,634.30 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1969
Construction
BRICK
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Collision Masters LLC
Entity
Mailing address
3711 TARHEEL DR, RALEIGH, NC 27609-7518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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 2, 2021
—
Collision Masters LLC
—
Deed
related
$581,000 · First Citizens Bank & Trust Co
Nov 29, 2016
—
Collision Masters LLC
—
Deed
related
$97,928 · Branch Bk&tr
Jun 30, 2016
$675,000
Collision Masters LLC
Williams,lucy C
Grant Deed
$658,700 · Branch Bk&tr
Jan 11, 2016
—
Donaldson G Williams JR
Williams,donaldson G JR
Quit Claim Deed
related
—
Oct 30, 2015
—
Lucy C Williams
Williams Capital Ventures LLC
Quit Claim Deed
related
—
—
—
Collision Masters LLC
—
Deed Of Trust
related
$97,928 · Branch Bk&tr
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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