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Property profile & analytics
OFF-MARKET
Estimated value
$2,525,000
Garden apartment buildings
5312 Old Adams Rd Holly Springs, NC 27540-9116
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3922075
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2013
Total area
28,944 SF
Lot
16.33 ac (711,335 SF)
Zoning code
R-MF-15
APN
0658.03-24-5200 0422265
UPID
US53-3922075
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
$2.26M
Blend (final)
Blend
$2.53M
Owner & transaction history
Christian J Tacy · 5 yrs held
Christian J Tacy
since 2020
6 recorded transactions
Zoning & alternative use
R-MF-15 · Holly Springs, NC
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
Blend value · Realmo final
$2.53M
Range $2.27M – $2.78M · ±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
$87 / 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
$370,251
Tax year 2023
Assessed value
$33,959,886
Assessed 2023
Previous assessed
$33,959,886
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$6,426,000
Assessed improvement
$27,533,886
Land market value
$6,426,000
Improvement market value
$27,533,886
Total market value
$33,959,886
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
2013
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
24
Total area
28,944 SF
Lot
16.33 ac (711,335 SF)
Zoning code
R-MF-15
APN
0658.03-24-5200 0422265
UPID
US53-3922075
Jurisdiction
WAKE
Zoning & alternative use
R-MF-15 · Holly Springs, NCZoning R-MF-15 · permitted uses
R-MF-15 · Holly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDO FullVersion Sup7
Building & site characteristics
From public records
Year built
2013
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
24
Lot
16.33 ac
Current owner
From public records · entity-resolved
Christian J Tacy
Individual
Free & Clear · 5 yrs held
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2020
—
Christian J Tacy
Tacy Family Trust
Quit Claim Deed
related
—
Jun 30, 2020
$1,159,000
Ccc Villages At Pecan Grove Ll
Tant-gunn Associates LLC
Grant Deed
—
Jan 14, 2020
$100,000
Ccc Villages At Pecan Grove Ll
Tant-gunn Associates LLC
Grant Deed
—
Jan 4, 2019
$200,000
Ccc Villages At Pecan Grove Ll
Tant-gunn Associates LLC
Grant Deed
—
Feb 1, 2017
—
Ccc Villages Of Pecan Grove LLC
Ccc Villages Of Pecan Grove LLC
Quit Claim Deed
related
—
Nov 13, 2015
$51,165,000
Ccc Villages Of Pecan Grove LLC
Holly Springs Nc Apartments LP
Grant Deed
—
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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