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Property profile & analytics
OFF-MARKET
Specialty properties
700 Selma Rd Wendell, NC 27591
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US53-1655334
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1980
Construction
CONCRETE BLOCKS
Total area
1,900 SF
Lot
5 ac (217,800 SF)
Zoning code
RA
APN
1793.09-16-2567 0109464
UPID
US53-1655334
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
Wendell Swim Club Assn INC · 9 yrs held
Wendell Swim Club Assn INC
since 2016
4 recorded transactions
Zoning & alternative use
RA · Wendell, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Rural Agricultural district is coded to accommodate very low density residential development and agricultural uses, protect natural vistas, and landscape features that define Wendell's rural heritage. The intent of this district is two-fold. First, it is designed to maintain a rural boundary, preserving important agricultural and forested areas on the pe…
Zone name
Rural Agriculture
General category
RESIDENTIAL
Zone area
3,624.43 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
$2,114
Tax year 2023
Assessed value
$271,155
Assessed 2023
Previous assessed
$271,155
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$104,000
Assessed improvement
$167,155
Land market value
$104,000
Improvement market value
$167,155
Total market value
$271,155
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1980
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,900 SF
Lot
5 ac (217,800 SF)
Zoning code
RA
APN
1793.09-16-2567 0109464
UPID
US53-1655334
Jurisdiction
WAKE
Zoning & alternative use
RA · Wendell, NCZoning RA · permitted uses
RA · Wendell, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Rural Agricultural district is coded to accommodate very low density residential development and agricultural uses, protect natural vistas, and landscape features that define Wendell's rural heritage. The intent of this district is two-fold. First, it is designed to maintain a rural boundary, preserving important agricultural and forested areas on the perimeter of Wendell and providing incentives to place land into conservation. Second, it is intended to reserve developable areas until utility infrastructure can be installed to allow for planned growth
Zone name
Rural Agriculture
General category
RESIDENTIAL
Zone area
3,624.43 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5 ac
Current owner
From public records · entity-resolved
Wendell Swim Club Assn INC
Entity
Mailing address
PO BOX 917, WENDELL, NC 27591-0917
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2016
—
Wendell Swim Club Assn INC
—
Deed
related
$25,000 · First Citizens Bk
—
—
Wendell Swim Club Assocs INC
—
Deed Of Trust
related
$20,000 · First Citizens Bank & Trust Co
—
—
Wendell Swim Club Assn INC
—
Deed Of Trust
related
$25,000 · First Citizens Bk
—
—
Wendell Swim Club Assn INC
—
Deed Of Trust
related
$35,000 · First Citizens Bank & Trust 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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