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Property profile & analytics
OFF-MARKET
Estimated value
$3,820,000
Showrooms
5839 Capital Blvd Raleigh, NC 27616-2937
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2096623
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1991
Construction
CONCRETE BLOCKS
Total area
15,706 SF
Lot
5.37 ac (233,917 SF)
Zoning code
IX-7
APN
1727.18-30-4088 0187333
UPID
US53-2096623
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
-
Terrie Wycoff: Allstate Insurance Insurance Agency
-
Johnson Lexus of Raleigh Auto Parts Auto Parts Store
-
Johnson Lexus of Raleigh Oil Change Auto Repair Shop
-
Johnson Lexus of Raleigh Service Center Auto Repair Shop
-
Johnson Lexus of Raleigh Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.34M
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$3.82M
Owner & transaction history
Gold Moon LLC · 2 yrs held
Gold Moon LLC
since 2024
5 recorded transactions
Zoning & alternative use
IX-7 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The IX-7 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
Zone name
Industrial Mixed Use
General category
MIXED_USE
Zone area
2.17 ac
Source
Realmo
Top alternative use upside
Retail stores
$6.2M
+21.2%
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%
$3,610,000
6.5%
$3,335,000
7%
$3,095,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,095,000
Current use
RETAIL STORES
$6,170,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$4,955,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,630,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,085,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.82M
Range $3.44M – $4.20M · ±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
$243 / 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
$152,867
Tax year 2023
Assessed value
$14,024,521
Assessed 2023
Previous assessed
$14,024,521
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,578,930
Assessed improvement
$10,445,591
Land market value
$3,578,930
Improvement market value
$10,445,591
Total market value
$14,024,521
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1991
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
15,706 SF
Lot
5.37 ac (233,917 SF)
Zoning code
IX-7
APN
1727.18-30-4088 0187333
UPID
US53-2096623
Jurisdiction
WAKE
Zoning & alternative use
IX-7 · Raleigh, NCZoning IX-7 · permitted uses
IX-7 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The IX-7 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
Zone name
Industrial Mixed Use
General category
MIXED_USE
Zone area
2.17 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.1M
RETAIL STORES
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1991
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
5.37 ac
Current owner
From public records · entity-resolved
Gold Moon LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5839 CAPITAL BLVD, RALEIGH, NC 27616-2937
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
May 31, 2024
—
Gold Moon LLC
—
Deed
related
—
Aug 14, 2017
—
Gold Moon LLC
—
Loan Modification
related
$17,617,500 · Toyota Motor Credit
Oct 6, 2010
—
Hol-dav INC
—
Deed Of Trust
related
$6,777,000 · Toyota Motor Credit Corp
Sep 30, 2010
—
Gold Moon LLC
—
Deed Of Trust
related
$21,987,000 · Toyota Motor Credit Corp
Jun 29, 2004
—
Gold Moon LLC
—
Deed Of Trust
related
$11,350,000 · Wachovia Bank NA
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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