Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2019
Total area
205,614 SF
Lot
35.32 ac (1,538,539 SF)
Zoning code
RA
APN
0736.01-38-3627 0499130
UPID
US53-3974146
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
-
Pediatrician Physician
-
Corporate Office Business Park
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$59.35M
Comparable Approach
Comparable
$55.92M
Blend (final)
Blend
$46.80M
Owner & transaction history
since 2025
Last sale
$46.7M
1 recorded transaction
Zoning & alternative use
RA · Morrisville, NC
Top alternative use upside
Medical building
$70.8M
+61.6%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$46.80M
Value range
$42.12M – $51.48M
±10% around blend
Estimated value / SF
$228 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
$42.12M
blend $46.80M
$51.48M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
205,614 SF
Lot area
35.32 ac
Year built
2019
Stories
4
APN
0736.01-38-3627 0499130
Zoning
RA
Assessed value
$46,257,268
Annual tax
$412,939
3
Income approach: direct capitalization
Partial preview
Income approach indication
$59.35M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$64.29M
@ 6.5% CAP return
$59.35M
@ 7% CAP return
$55.11M
4
Sales comparison
Partial preview
Sales approach indication
$19.56M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.5 mi away · 247,460 SF
15.9 mi away · 192,000 SF
19.6 mi away · 150,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$46.80M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 34 sales
$213
+7%
Submarket 189 sales
$225
+1%
County 878 sales
$201
+13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $228/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+62%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 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$46.68M
Move the market yield to see immediate price impact.
Value / SF
$227
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%
$2.94M
$58.82M
$42.02M
$32.68M
$3.27M
$65.36M
$46.68M
$36.31M
$3.59M
$71.89M
$51.35M
$39.94M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$9.00M
2.5 mi · Dec 2025 · $58/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$412,939
Tax year 2023
Assessed value
$46,257,268
Assessed 2023
Previous assessed
$46,257,268
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$6,154,156
Assessed improvement
$40,103,112
Land market value
$6,154,156
Improvement market value
$40,103,112
Total market value
$46,257,268
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2019
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Total area
205,614 SF
Lot
35.32 ac (1,538,539 SF)
Zoning code
RA
APN
0736.01-38-3627 0499130
UPID
US53-3974146
Jurisdiction
WAKE
Zoning & alternative use
RA · Morrisville, NCZoning RA · permitted uses
RA · Morrisville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
35.32 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RA
Jurisdiction
Morrisville, NC
Recorded code
RA
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RA in Morrisville, 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.
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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.
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