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Property profile & analytics
OFF-MARKET
Drug stores
4309 Wake Frst Rd Raleigh, NC 27609-6276
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1117985
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Construction
BRICK
Total area
13,589 SF
Lot
2.25 ac (98,010 SF)
Zoning code
CX-3
APN
1716.18-41-8081 0112818
UPID
US53-1117985
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
-
LibertyX Bitcoin ATM Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
-
Labcorp at Walgreens Medical Laboratory Blood Testing Service
-
Cardtronics ATM 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
Jefferson Marumsco 2 LLC · 2 yrs held
Jefferson Marumsco 2 LLC
since 2024
Last sale
$4.1M
7 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
$56,622
Tax year 2023
Assessed value
$5,194,653
Assessed 2023
Previous assessed
$5,194,653
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,416,923
Assessed improvement
$3,777,730
Land market value
$1,416,923
Improvement market value
$3,777,730
Total market value
$5,194,653
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
13,589 SF
Lot
2.25 ac (98,010 SF)
Zoning code
CX-3
APN
1716.18-41-8081 0112818
UPID
US53-1117985
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
2004
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.25 ac
Current owner
From public records · entity-resolved
Jefferson Marumsco 2 LLC
Entity
Mailing address
51 PO BOX 1159TH RD STE #102, DEERFIELD, IL 60015-6002
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2024
$4,125,000
Jefferson Marumsco 2 LLC
Kirk Dunitz Raleigh LLC
Special Warranty Deed
—
Mar 23, 2005
$5,125,000
Kirk Dunitz Raleigh LLC
Kirk Frank & Lynn Trust
Grant Deed
related
$3,500,000 · Bond Street Cap
Sep 10, 2004
—
Kirk,frank & Lynn Trust
—
Deed Of Trust
related
$3,489,850 · Rai Restaurants INC
Aug 2, 2004
$4,985,500
Kirk,frank & Lynn Trust
Rai Restaurants INC
Grant Deed
$3,489,850 · Rai Restaurants INC
Feb 13, 2004
$1,086,000
Rai Restaurants INC
Cnl Apf Partners
Grant Deed
—
Feb 13, 2004
—
Rai Restaurants INC
—
Deed Of Trust
related
—
—
—
Kirk Dunitz Raleigh LLC
—
Deed Of Trust
related
$4,015,000 · Rialto Mtg Fin
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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