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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Investment properties
549 Blount St Raleigh, NC 27604-1119
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US53-1383255
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1898
Construction
FRAME
Total area
4,431 SF
Lot
0.54 ac (23,522 SF)
Zoning code
PD
APN
1704.20-71-8811 0371464
UPID
US53-1383255
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
-
Holy Trinity Church Church
-
Center for Public Christianity Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$995k
Owner & transaction history
Holy Trinity Ch Of Raleigh INC · 14 yrs held
Holy Trinity Ch Of Raleigh INC
since 2011
6 recorded transactions
Zoning & alternative use
PD · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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%
$1,020,000
6.5%
$945,000
7%
$875,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,435,000
Current use
MEDICAL BUILDING
$1,395,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,305,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$225 / 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
Assessed value
$2,133,954
Assessed 2023
Previous assessed
$2,133,954
+0.0% YoY
Assessed land
$1,559,509
Assessed improvement
$574,445
Land market value
$1,559,509
Improvement market value
$574,445
Total market value
$2,133,954
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1898
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
4
Total area
4,431 SF
Lot
0.54 ac (23,522 SF)
Zoning code
PD
APN
1704.20-71-8811 0371464
UPID
US53-1383255
Jurisdiction
WAKE
Zoning & alternative use
PD · Raleigh, NC
Zoning PD · permitted uses
PD · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1898
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Bathrooms
4
Lot
0.54 ac
Current owner
From public records · entity-resolved
Holy Trinity Ch Of Raleigh INC
Entity
Mailing address
549 N BLOUNT ST, RALEIGH, NC 27604-1119
Ownership since
2011
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 10, 2025
—
Holy Trinity Church Of Raleigh INC
—
Deed
related
$8,500,000 · First Citizens Bank & Trust Co
May 18, 2021
—
Holy Trinity Ch Of Raleigh INC
—
Deed
related
$900,000 · First Nat'l Bk/pa
Nov 17, 2011
$1,950,000
Holy Trinity Ch Of Raleigh INC
Lnr Blount Street LLC
Grant Deed
$1,300,000 · Branch Banking & Trust Co
May 8, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Holy Trinity Ch Of Raleigh INC
—
Deed Of Trust
related
$750,000 · Branch Banking & Trust Co
—
—
Holy Trinity Ch Of Raleigh INC
—
Deed Of Trust
related
$900,000 · First Nat'l Bk/pa
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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