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Property profile & analytics
FOR LEASE
Office buildings
4928 Linksland Dr, Holly Springs, NC 27540
Individually Owned
20-yr Hold
Free & Clear
Property ID
US53-0134593
For Lease
1 / 28
$26 SF/Yr
4928 Linksland Dr, Holly Springs, NC 27540
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Property summary
AI-generated overview
This exceptional Class A office building, located at 4928 Linksland Drive in Holly Springs, NC, offers multiple tenancy options within a 41,567 square foot building. Built in 1998, this three-story structure boasts 84 parking spaces and convenient elevator access. The property is zoned for Planned Unit Development, providing flexibility for various business needs. Currently, there are 3,083 square feet of vacant space available, divisible into units ranging from a minimum of 834 square feet to a maximum contiguous space of 1,741 square feet. The building's prime location in Wake County offers easy access to key amenities. It's situated less than three miles from NC Highway 55, the new Rex Holly Springs Hospital, and the heart of Holly Springs, ensuring high visibility and convenient commuting for employees and clients. This property presents a unique opportunity for businesses seeking modern, efficient, and well-located office space in a thriving community. The building features a traditional office layout, ideal for a variety of professional uses. With its ample parking, convenient location, and flexible space options, this property is an excellent choice for businesses of all sizes. The zip code is 27540.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
BRICK
Total area
15,687 SF
Lot
1.63 ac (71,003 SF)
Zoning code
PUD
APN
0659.04-64-2267 0245680
UPID
US53-0134593
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
-
Stark Development Company Construction Company General Contractor
-
HCI Employment Agency
-
SYNERGY HomeCare Mental Health Service Nursing Home
-
Integrity Counseling & Wellness, PLLC Crisis Center Medical Clinic
-
Southern Belle Realty & Associates Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$4.92M
Owner & transaction history
Donald E Pierce · 20 yrs held
Donald E Pierce
since 2006
5 recorded transactions
Zoning & alternative use
PUD · Holly Springs, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.4M
+108.9%
Commercial (general)
$5.2M
+101.2%
Medical building
$5.1M
+96.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,420,000
Change: +109% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,220,000
Change: +101% · Conversion: Easy
MEDICAL BUILDING
$5,095,000
Change: +97% · Conversion: Easy
RETAIL STORES
$4,965,000
Change: +91% · Conversion: Moderate
Blend value · Realmo final
$4.92M
Range $4.42M – $5.41M · ±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
$313 / 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
$68,335
Tax year 2023
Assessed value
$6,335,490
Assessed 2023
Previous assessed
$6,335,490
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$575,124
Assessed improvement
$5,760,366
Land market value
$575,124
Improvement market value
$5,760,366
Total market value
$6,335,490
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
For Lease
Year built
1998
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
15,687 SF
Lot
1.63 ac (71,003 SF)
Zoning code
PUD
APN
0659.04-64-2267 0245680
UPID
US53-0134593
Jurisdiction
WAKE
Zoning & alternative use
PUD · Holly Springs, NC
Zoning PUD · permitted uses
PUD · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$5.1M
RETAIL STORES
Est. value
$5.0M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1998
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
1.63 ac
Current owner
From public records · entity-resolved
Donald E Pierce
Individual
Free & Clear · 20 yrs held
Mailing address
4928 LINKSLAND DR, HOLLY SPRINGS, NC 27540-7455
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Jan 3, 2017
—
Pierce Group Properties LLC
—
Deed
related
$750,000 · Paragon Com'l Bk
Apr 20, 2006
—
Donald E Pierce
Pierce Group Benefits LLC
Quit Claim Deed
related
—
Aug 6, 2004
$1,750,000
Pierce Group Benefits LLC
Sunset Ridge Center LLC
Warranty Deed
$1,575,000 · Rbc Centura Bank
May 8, 2002
$500,000
Sunset Ridge Center LLC Et
Sunset,ridge C
Grant Deed
related
—
—
—
Pierce Group Properties LLC
—
Deed Of Trust
related
$750,000 · Paragon Com'l Bk
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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