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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
501 Vlg Walk Dr, Holly Springs, NC 27540-4440
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-1567131
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2015
Construction
BRICK
Total area
1,650 SF
Lot
0.81 ac (35,284 SF)
Zoning code
CB
APN
0648.08-87-5986 0378573
UPID
US53-1567131
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
-
BB&T Mortgage Loan Service Bank
-
Harris Teeter Fuel Center Gas Station
-
BB&T Insurance Services Insurance Agency
-
First National Bank 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
Harris Teeter Properties LLC · 8 yrs held
Harris Teeter Properties LLC
since 2017
5 recorded transactions
Zoning & alternative use
CB · Holly Springs, 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 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
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
$15,739
Tax year 2023
Assessed value
$1,459,221
Assessed 2023
Previous assessed
$1,459,221
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$493,976
Assessed improvement
$965,245
Land market value
$493,976
Improvement market value
$965,245
Total market value
$1,459,221
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2015
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,650 SF
Lot
0.81 ac (35,284 SF)
Zoning code
CB
APN
0648.08-87-5986 0378573
UPID
US53-1567131
Jurisdiction
WAKE
Zoning & alternative use
CB · Holly Springs, NC
Zoning CB · permitted uses
CB · 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.
Building & site characteristics
From public records
Year built
2015
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Harris Teeter Properties LLC
Entity
Free & Clear · 8 yrs held
Mailing address
701 CRESTDALE RD, MATTHEWS, NC 28105-1700
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Dec 5, 2017
$3,202,500
Harris Teeter Properties LLC
Gandhi At Spv LLC
Grant Deed
—
Jun 6, 2017
—
Eagles Ent LLC
—
Grant Deed
related
$26,000,000 · Suntrust Bk
Jul 30, 2010
—
Southpark Village Invs I LLC
Southpark Village Invs II LLC
Quit Claim Deed
related
$8,430,000 · Branch Banking & Trust Co
Aug 30, 2007
—
Record Owner
Owner,record
Quit Claim Deed
related
$4,400,000 · Branch Banking & Trust Co
—
—
Gandhi At Spv LLC
—
Deed Of Trust
related
$1,912,500 · Branch Bk&tr
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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