Entity Owned Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1989
Total area
12,585 SF
Lot
57.79 ac (2,517,332 SF)
Zoning code
PDR 6.420
APN
139323
UPID
US53-2222758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Complex Apartment Building
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.24M
Owner & transaction history
since 2015
4 recorded transactions
Zoning & alternative use
PDR 6.420 · Durham, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.24M
Value range
$1.12M – $1.36M
±10% around blend
Estimated value / SF
$99 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$1.12M
blend $1.24M
$1.36M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,585 SF
Lot area
57.79 ac
Year built
1989
Stories
3
APN
139323
Zoning
PDR 6.420
Assessed value
$31,448,253
Annual tax
$438,672
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.46M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.58M
@ 6.5% CAP return
$1.46M
@ 7% CAP return
$1.35M
4
Sales comparison
Partial preview
Sales approach indication
$10.57M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.3 mi away · 12,000 SF
6.4 mi away · 10,640 SF
19.5 mi away · 9,182 SF
21.7 mi away · 11,040 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.24M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 40 sales
$388
-75%
Submarket 151 sales
$501
-80%
County 152 sales
$508
-81%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $99/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$31.45M
Move the market yield to see immediate price impact.
Value / SF
$2,499
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.98M
$39.62M
$28.30M
$22.01M
$2.20M
$44.03M
$31.45M
$24.46M
$2.42M
$48.43M
$34.59M
$26.91M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$42.25M
2.3 mi · Oct 2025 · $2,722/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$438,672
Tax year 2024
Assessed value
$31,448,253
Assessed 2024
Previous assessed
$31,448,253
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$3,755,750
Assessed improvement
$27,692,503
Land market value
$3,755,750
Improvement market value
$27,692,503
Total market value
$31,448,253
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1989
Heating
YES
Cooling
YES
Stories
3
Total area
12,585 SF
Lot
57.79 ac (2,517,332 SF)
Zoning code
PDR 6.420
APN
139323
UPID
US53-2222758
Jurisdiction
DURHAM
Zoning & alternative use
PDR 6.420 · Durham, NCZoning PDR 6.420 · permitted uses
PDR 6.420 · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1989
Heating
YES
Cooling
Yes
Stories
3
Lot
57.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PDR 6.420
Jurisdiction
Durham, NC
Recorded code
PDR 6.420
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PDR 6.420 in Durham, NC.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 614 Snow Crst Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
