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Property profile & analytics
OFF-MARKET
Retail space
65 Liles Dean Rd Wendell, NC 27591-7243
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US53-0400312
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Total area
1,248 SF
Lot
5 ac (217,800 SF)
Zoning code
MI
APN
1784.14-33-4438 0150854
UPID
US53-0400312
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
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
Thomas E Dixon · 16 yrs held
Thomas E Dixon
since 2010
5 recorded transactions
Zoning & alternative use
MI · Wendell, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Manufacturing and Industrial District is coded to permit the development and operation of light or heavy industrial or flex-space buildings and uses that are typically too large in scale to fit within a neighborhood environment and that should be buffered from surrounding neighborhood uses. In the interest of economic development, this District is reserv…
Zone name
Manufacturing And Industrial
General category
INDUSTRIAL
Zone area
176.67 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 Wendell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wendell 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
$2,599
Tax year 2023
Assessed value
$333,304
Assessed 2023
Previous assessed
$333,304
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$279,683
Assessed improvement
$53,621
Land market value
$279,683
Improvement market value
$53,621
Total market value
$333,304
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
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,248 SF
Lot
5 ac (217,800 SF)
Zoning code
MI
APN
1784.14-33-4438 0150854
UPID
US53-0400312
Jurisdiction
WAKE
Zoning & alternative use
MI · Wendell, NCZoning MI · permitted uses
MI · Wendell, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Manufacturing and Industrial District is coded to permit the development and operation of light or heavy industrial or flex-space buildings and uses that are typically too large in scale to fit within a neighborhood environment and that should be buffered from surrounding neighborhood uses. In the interest of economic development, this District is reserved for non-residential uses only to preserve adequate opportunities for future relocation and expansion of employment-based uses
Zone name
Manufacturing And Industrial
General category
INDUSTRIAL
Zone area
176.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Thomas E Dixon
Individual
Mailing address
1200 PULLEY GORDON RD, ZEBULON, NC 27597-8895
Ownership since
2010
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
Jun 27, 2019
—
Lorraine H Dixon
—
Deed
related
$50,000 · Benchmark Cmnty Bk
Apr 15, 2010
$155,000
Thomas E Dixon
Grace Fellowship INC
Warranty Deed
$145,000 · Ks Bank
—
—
Lorraine H Dixon
—
Deed Of Trust
related
$50,000 · Benchmark Cmnty Bk
—
—
Thomas Dixon
—
Loan Modification
related
$145,000 · Ks Bank
—
—
Thomas Dixon
—
Deed Of Trust
related
$28,510 · Ks Bk
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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