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Property profile & analytics
OFF-MARKET
Office buildings
374 Raleigh St Holly Springs, NC 27540-9047
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1662609
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
FRAME
Total area
1,200 SF
Zoning code
DMX
APN
0649.20-91-5533 0402789
UPID
US53-1662609
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
-
Sylvan Learning of Holly Springs Tutoring Service
-
Brandi Kohr Foster Care Service Social Service Agency
-
Carla Zegerman Counselor
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
Hendrix Investments LLC · 5 yrs held
Hendrix Investments LLC
since 2020
Last sale
$136,500
5 recorded transactions
Zoning & alternative use
DMX · Holly Springs, 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 Holly Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holly Springs 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,700
Tax year 2024
Assessed value
$198,416
Assessed 2024
Previous assessed
$198,416
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed improvement
$198,416
Improvement market value
$198,416
Total market value
$198,416
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
2005
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,200 SF
Zoning code
DMX
APN
0649.20-91-5533 0402789
UPID
US53-1662609
Jurisdiction
WAKE
Zoning & alternative use
DMX · Holly Springs, NC
Zoning DMX · permitted uses
DMX · Holly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holly Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Hendrix Investments LLC
Entity
Mailing address
372 RALEIGH ST, HOLLY SPRINGS, NC 27540-9047
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 7, 2020
$314,000
Hendrix Investments LLC
Medical Prop Mgmt LLC
Warranty Deed
related
$266,900 · Fidelity Bk
Jul 27, 2016
—
Medical Prop Mgmt LLC
—
Deed
related
$89,956 · Branch Bk&tr
Jan 3, 2014
—
Medical Property Mgmt LLC
Paradigm Counseling PLLC
Quit Claim Deed
related
—
May 5, 2011
$136,500
Paradigm Counseling PLLC
Village Office Condos LLC
Warranty Deed
$110,000 · Branch Banking & Trust Co
—
—
Medical Prop Mgmt LLC
—
Deed Of Trust
related
$89,956 · 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.
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