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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Strip malls
6408 Tryon Rd Cary, NC 27518-7050
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-0867004
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Construction
CONCRETE BLOCKS
Total area
34,840 SF
Lot
10.81 ac (470,884 SF)
Zoning code
GCP
APN
0772.09-06-8229 0224482
UPID
US53-0867004
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
-
Wellington Park Shopping Center Shopping Center & Mall
-
TFTC Academy Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$2.17M
Owner & transaction history
Sara Cary LLC · 7 yrs held
Sara Cary LLC
since 2019
6 recorded transactions
Zoning & alternative use
GCP · Cary, 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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
$2.17M
Range $1.95M – $2.39M · ±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
$62 / 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
$153,714
Tax year 2023
Assessed value
$15,340,684
Assessed 2023
Previous assessed
$15,340,684
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$4,101,400
Assessed improvement
$11,239,284
Land market value
$4,101,400
Improvement market value
$11,239,284
Total market value
$15,340,684
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
34,840 SF
Lot
10.81 ac (470,884 SF)
Zoning code
GCP
APN
0772.09-06-8229 0224482
UPID
US53-0867004
Jurisdiction
WAKE
Zoning & alternative use
GCP · Cary, NC
Zoning GCP · permitted uses
GCP · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
10.81 ac
Current owner
From public records · entity-resolved
Sara Cary LLC
Entity
Free & Clear · 7 yrs held
Mailing address
13233 ALHAMBRA LK CIR, DELRAY BEACH, FL 33446-3734
Ownership since
2019
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
Feb 28, 2019
$15,463,000
Sara Cary LLC
Suso 4 Wellington LP
Grant Deed
—
Sep 12, 2014
$15,500,000
Suso 4 Wellington LP
Pmat Wellington LLC
Grant Deed
$45,000,000 · Keybank USA
Aug 28, 2013
—
Pmat Wellington LLC
Kimco Cary LP
Quit Claim Deed
related
—
Aug 28, 2013
$8,000,000
Pmat Wellington LLC
Kimco Cary LP
Grant Deed
—
Jan 31, 2002
—
Kimco Cary Ltd Partnership
Kimco Cary Ltd P
Quit Claim Deed
related
—
—
—
Suso 4 Wellington LP
—
Deed Of Trust
related
$59,500,000 · Miscellaneous Ins Co
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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