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Property profile & analytics
FOR LEASE
Retail space
604 N Main St Fuquay Varina, NC 27526
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-5732016
For Lease
1 / 5
$1,950/Mo
604 N Main St, Fuquay Varina, NC 27526
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
CONCRETE BLOCKS
Total area
2,550 SF
Lot
0.15 ac (6,534 SF)
Zoning code
DC-2
APN
0667.17-10-2176 0068751
UPID
US53-5732016
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
-
Front Porch Realty Real Estate Agency
-
Brightway Insurance, The Briley Family Agency Insurance Agency
-
Front Porch Rentals Property Management Company
-
Donya Clark, Front Porch Realty Real Estate Agency
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
L & J2011 LLC · 10 yrs held
L & J2011 LLC
since 2016
7 recorded transactions
Zoning & alternative use
DC-2 · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The DC-2 zoning district is to accommodate and enhance the existing historic Fuquay-Varina downtown, architectural assets, historic presence, and small town atmosphere, and expand the authentic downtown community. This district is the downtown transitional retail district to permit an economic mix of viable retail, commercial, office and residential uses wit…
Zone name
Down Town Center 2
General category
MIXED_USE
Zone area
94.77 ac
Source
Realmo
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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$2,486
Tax year 2023
Assessed value
$223,580
Assessed 2023
Previous assessed
$223,580
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$81,740
Assessed improvement
$141,840
Land market value
$81,740
Improvement market value
$141,840
Total market value
$223,580
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1950
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,550 SF
Lot
0.15 ac (6,534 SF)
Zoning code
DC-2
APN
0667.17-10-2176 0068751
UPID
US53-5732016
Jurisdiction
WAKE
Zoning & alternative use
DC-2 · Fuquay Varina, NCZoning DC-2 · permitted uses
DC-2 · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The DC-2 zoning district is to accommodate and enhance the existing historic Fuquay-Varina downtown, architectural assets, historic presence, and small town atmosphere, and expand the authentic downtown community. This district is the downtown transitional retail district to permit an economic mix of viable retail, commercial, office and residential uses with adequate accommodations for automobile and an equal emphasis for pedestrian needs, access and a safe environment. The district permits infill and new development, redevelopment and residential uses using multi-story and mixed-use development, multi-family uses at a density up to 22 dwelling units per gross acre integrated with retail and office uses. The regulations applied in this district are form-based applications. Public utilities are required.
Zone name
Down Town Center 2
General category
MIXED_USE
Zone area
94.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
L & J2011 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
604 N MAIN ST, FUQUAY VARINA, NC 27526-2027
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2019
—
L & J2011 LLC
—
Deed
related
$162,000 · First Bk
May 17, 2016
—
L & J2011 LLC
Mccorry,james M
Quit Claim Deed
related
—
Sep 5, 2014
$215,000
L & J2011 LLC
Nob LLC
Warranty Deed
$193,500 · First Bk
Dec 30, 2004
$220,000
Nob LLC
Sugg,james L JR
Warranty Deed
$176,000 · Fidelity Bank NA
Aug 10, 2001
—
James L Sugg JR.
Sugg,j R
Quit Claim Deed
related
—
—
—
Nob LLC
—
Loan Modification
related
—
—
—
Nob LLC
—
Deed Of Trust
related
$230,400 · First Federal Savings Bank
—
—
L & J2011 LLC
—
Deed Of Trust
related
$162,000 · First Bk
—
—
Nob LLC
—
Deed Of Trust
related
$49,000 · Fidelity 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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