Property profile

51 Flex Way 50 Wake Forest, NC 27587

OFF-MARKET
Life science properties
Property ID
US53-1561244
19,796 SF 6.13 ac lot Built 1997
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1997
Total area 19,796 SF
Lot 6.13 ac (267,023 SF)
Zoning code FCO GB
APN 32828
UPID US53-1561244

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

51 Flex Way, Unit 50 Wake Forest, NC 27587-6632
Wake Forest metro Census 60501 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.54M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.30M

Owner & transaction history

since 2022
Last sale
$8.0M
1 recorded transaction
2022
$8.0M

Zoning & alternative use

FCO GB · Wake Forest, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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