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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
6501 Glenwood Ave Raleigh, NC 27612-7157
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US53-0082446
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1987
Construction
BRICK
Total area
2,100 SF
Lot
0.81 ac (35,284 SF)
Zoning code
CX-3
APN
0786.07-67-5805 0071147
UPID
US53-0082446
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
-
GLENWOOD VALERO Gas Station
-
Bitcoin Depot | Bitcoin ATM Atm
-
Tacos La Costeña Restaurant
-
Pupusas La Estrellita, LLC Restaurant
-
Bitcoin Depot ATM Atm
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
Sunstar INC Nc · 12 yrs held
Sunstar INC Nc
since 2014
7 recorded transactions
Zoning & alternative use
CX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses
Zone name
Commercial Mixed Use
General category
MIXED_USE
Zone area
722.48 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 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
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
$13,427
Tax year 2023
Assessed value
$1,231,803
Assessed 2023
Previous assessed
$1,231,803
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$530,319
Assessed improvement
$701,484
Land market value
$530,319
Improvement market value
$701,484
Total market value
$1,231,803
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1987
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,100 SF
Lot
0.81 ac (35,284 SF)
Zoning code
CX-3
APN
0786.07-67-5805 0071147
UPID
US53-0082446
Jurisdiction
WAKE
Zoning & alternative use
CX-3 · Raleigh, NCZoning CX-3 · permitted uses
CX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses
Zone name
Commercial Mixed Use
General category
MIXED_USE
Zone area
722.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Sunstar INC Nc
Entity
Mailing address
101 SWIFT WIND PL, APEX, NC 27539-5113
Ownership since
2014
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
Dec 31, 2024
—
Sunstar INC
—
Deed
related
$1,000,000 · Dogwood State Bank
Jan 10, 2019
—
Sunstar INC
—
Deed
related
$648,000 · Aquesta Bk
May 29, 2014
$1,350,000
Sunstar INC Nc
C & J New Horizons INC
Warranty Deed
$850,000 · Capital Bk
Apr 15, 2004
$1,600,000
C & J New Horizons INC
Wildor INC
Warranty Deed
$1,080,000 · Rbc Centura Bank
—
—
Sunstar INC
—
Deed Of Trust
related
$648,000 · Aquesta Bk
—
—
C & J New Horizons INC
—
Deed Of Trust
related
$83,333 · Holmes Oil Co INC
—
—
C & J New Horizons INC
—
Deed Of Trust
related
$847,654 · Branch Banking & Trust Co
—
—
C & J New Horizons INC
—
Deed Of Trust
related
$1,200,000 · Rbc Centura Bank
—
—
C & J New Horizons INC
—
Deed Of Trust
related
$1,600,000 · Wildor INC
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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