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Property profile & analytics
OFF-MARKET
Specialty properties
401 Laura Duncan Rd Apex, NC 27502-1631
Entity Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2422460
Property profile
Verified
Property type
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Year built
1983
Lot
0.04 ac (1,742 SF)
Zoning code
B2-CU
APN
0742.19-51-8930 0130519
UPID
US53-2422460
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
-
Parking lot for Apex Community Center Gym & Fitness Center
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
PUBLIC SERVICE COMPANY NC INC
PUBLIC SERVICE COMPANY NC INC
Zoning & alternative use
B2-CU · Apex, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose and intent of the B2 Downtown Business District is to encourage the development of a high intensity, mixed-use, pedestrian oriented downtown business district, with retail, financial, service, office, governmental, cultural and entertainment uses, along with residential options on the top floors of buildings
Zone name
Downtown Business Conditional Use
General category
MIXED_USE
Zone area
12.42 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 Apex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apex 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
Assessed value
$21,792
Assessed 2023
Previous assessed
$21,792
+0.0% YoY
Assessed land
$21,792
Land market value
$21,792
Total market value
$21,792
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
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Status
Off-Market
Year built
1983
Heating
YES
Stories
2
Rooms
4
Bathrooms
2
Lot
0.04 ac (1,742 SF)
Zoning code
B2-CU
APN
0742.19-51-8930 0130519
UPID
US53-2422460
Jurisdiction
WAKE
Zoning & alternative use
B2-CU · Apex, NCZoning B2-CU · permitted uses
B2-CU · Apex, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose and intent of the B2 Downtown Business District is to encourage the development of a high intensity, mixed-use, pedestrian oriented downtown business district, with retail, financial, service, office, governmental, cultural and entertainment uses, along with residential options on the top floors of buildings
Zone name
Downtown Business Conditional Use
General category
MIXED_USE
Zone area
12.42 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1983
Heating
YES
Stories
2
Rooms
4
Bathrooms
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
PUBLIC SERVICE COMPANY NC INC
Entity
Free & Clear · 0 yrs held
Mailing address
1720 HILLSBOROUGH ST, RALEIGH, NC 27605-1785
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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