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Property profile & analytics
OFF-MARKET
Garden apartment buildings
4920 Wallingford Dr, Raleigh, NC 27616-5386
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-5442925
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1985
Total area
10,356 SF
Lot
39.62 ac (1,725,847 SF)
Zoning code
R-10
APN
1726.15-63-6939 0081688
UPID
US53-5442925
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
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
Raleigh Holdings 356 LP · 5 yrs held
Raleigh Holdings 356 LP
since 2021
Last sale
$48.7M
7 recorded transactions
Zoning & alternative use
R-10 · 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
$478,105
Tax year 2023
Assessed value
$43,209,677
Assessed 2023
Previous assessed
$43,209,677
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$7,476,000
Assessed improvement
$35,733,677
Land market value
$7,476,000
Improvement market value
$35,733,677
Total market value
$43,209,677
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
1985
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
8
Rooms
1090
Total area
10,356 SF
Lot
39.62 ac (1,725,847 SF)
Zoning code
R-10
APN
1726.15-63-6939 0081688
UPID
US53-5442925
Jurisdiction
WAKE
Zoning & alternative use
R-10 · Raleigh, NC
Zoning R-10 · permitted uses
R-10 · 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
1985
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
8
Rooms
1090
Lot
39.62 ac
Current owner
From public records · entity-resolved
Raleigh Holdings 356 LP
Entity
Mailing address
300 FRANK W BURR BLVD STE #68, TEANECK, NJ 07666-6703
Ownership since
2021
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
Apr 16, 2021
$48,700,000
Raleigh Holdings 356 LP
Roc III Nc Mission Capital Crossing
Special Warranty Deed
$42,000,000 · Arbor Realty SR INC
Apr 4, 2018
—
Roc III Nc Msn Cap Crossing Ll
—
Deed
related
$27,182,000 · Wells Fargo Bk Nw NA
Sep 7, 2016
$30,000,000
Roc III Nc Msn Cap Crossing Ll
Sof-x Mission Cap Crossing LP
Grant Deed
$22,500,000 · Wells Fargo Bk
May 5, 2015
$25,000,000
Sof-x Mission Cap Crossing LP
Mission Cap Crossing Dst
Grant Deed
related
$20,000,000 · Berkeley Point Cap
Jan 18, 2008
$23,250,000
Mission Capital Crossing Dst
New Hope Road Invtrs I & II LLC
Grant Deed
related
$17,700,000 · Red Mortgage Capital INC
—
—
Mission Capital Crossing Dst
—
Deed Of Trust
related
—
—
—
Roc III Nc Msn Cap Crossing Ll
—
Deed Of Trust
related
$27,182,000 · 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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