Property profile

501 Salem St Ste 202 Apex, NC 27502

OFF-MARKET
Office buildings
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Property ID
US53-0083479
870 SF Built 2003
Last sale Jun 2022·$210,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$182k
Assessed improvement$182k
Effective rate1.10%

Value estimate

· Nov 2026
$215k
$194k – $237k
AI approach$200k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$98 – $256
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1-CU
The purpose and intent of the B1 Neighborhood Business District is to encourage the development of small-scale, neighborhood serving comm...
General categoryCOMMERCIAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.4
Storage Facility10.7
Plumbing Service10.6

Location

501 Salem St Ste, Unit 202 Apex, NC 27502-2315
County assessor Recorded deeds · 1 transfer 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 Salem Towne, Apex, NC 27502-2311 $352,500 Dec 2025 1,031 SF
112 Salem Towne, Apex, NC 27502-2311 $280,000 Dec 2025 1,213 SF
105 Williams, Apex, NC 27502-1830 $77,000 Aug 2023 750 SF
115 Salem Towne, Apex, NC 27502-2311 $190,000 Jun 2021 1,155 SF
320 Salem St, Apex, NC 27502-1481 $261,000 Mar 2021 1,055 SF
107 Salem Towne, Apex, NC 27502-2311 $175,000 Mar 2021 1,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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