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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Garden apartment buildings
4260 Tatum Dr Fayetteville, NC 28314
Entity Owned
8-yr Hold
Property ID
US53-3397681
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2009
Total area
4,582 SF
Lot
21.1 ac (919,116 SF)
Zoning code
MR5
APN
9498-52-7947
UPID
US53-3397681
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
-
Reserve At Carrington Place Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Brc North Reilly LLC · 8 yrs held
Brc North Reilly LLC
since 2018
3 recorded transactions
Zoning & alternative use
MR5 · Fayetteville, 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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$520,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$895,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$475,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$400,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$121 / 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
$231,749
Tax year 2023
Assessed value
$22,860,471
Assessed 2023
Previous assessed
$22,860,471
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$1,080,000
Assessed improvement
$21,780,471
Land market value
$1,080,000
Improvement market value
$21,780,471
Total market value
$22,860,471
Applied tax rate
1,000.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2009
Heating
NONE
Buildings
5
Stories
3
Units
24
Bathrooms
466
Total area
4,582 SF
Lot
21.1 ac (919,116 SF)
Zoning code
MR5
APN
9498-52-7947
UPID
US53-3397681
Jurisdiction
CUMBERLAND
Zoning & alternative use
MR5 · Fayetteville, NC
Zoning MR5 · permitted uses
MR5 · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$895,000
AUTO REPAIR, GARAGE
Est. value
$475,000
MEDICAL BUILDING
Est. value
$400,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Stories
3
Buildings
5
Units
24
Bathrooms
466
Lot
21.1 ac
Current owner
From public records · entity-resolved
Brc North Reilly LLC
Entity
Mailing address
5826 SAMET DR STE #105, HIGH POINT, NC 27265-3661
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2018
—
Brc North Reilly LLC
Brc North Reilly 2 LLC
Quit Claim Deed
—
Apr 10, 2008
$1,440,000
Brc North Reilly 2 LLC
Riddle,march F
Warranty Deed
—
—
—
Brc North Reilly 2 LLC
—
Deed Of Trust
related
$16,500,000 · Wells Fargo Bk Nw NA
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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