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Property profile & analytics
OFF-MARKET
Estimated value
$5,365,000
Warehouses
7000 Nc 55th Hwy, Fuquay Varina, NC 27526-7830
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US53-1597451
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2011
Construction
METAL FRAME
Total area
48,150 SF
Lot
6.28 ac (273,557 SF)
Zoning code
RLI
APN
0676.03-22-3061 0011231
UPID
US53-1597451
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
$7.24M
Comparable Approach
Comparable
$3.27M
Blend (final)
Blend
$5.37M
Owner & transaction history
Abundant Space Self Storage Ll · 15 yrs held
Abundant Space Self Storage Ll
since 2010
5 recorded transactions
Zoning & alternative use
RLI · Fuquay Varina, 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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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%
$7,835,000
6.5%
$7,235,000
7%
$6,715,000
Blend value · Realmo final
$5.37M
Range $4.83M – $5.90M · ±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
$111 / 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
$38,843
Tax year 2023
Assessed value
$3,493,036
Assessed 2023
Previous assessed
$3,493,036
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$547,114
Assessed improvement
$2,945,922
Land market value
$547,114
Improvement market value
$2,945,922
Total market value
$3,493,036
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2011
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
396
Rooms
5
Bathrooms
2
Total area
48,150 SF
Lot
6.28 ac (273,557 SF)
Zoning code
RLI
APN
0676.03-22-3061 0011231
UPID
US53-1597451
Jurisdiction
WAKE
Zoning & alternative use
RLI · Fuquay Varina, NC
Zoning RLI · permitted uses
RLI · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
396
Rooms
5
Bathrooms
2
Lot
6.28 ac
Current owner
From public records · entity-resolved
Abundant Space Self Storage Ll
Individual
Mailing address
7840 KENNEBEC RD, WILLOW SPRING, NC 27592-9582
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 5, 2020
—
Abundant Space Self Storage LLC
—
Deed
related
$1,310,000 · First Federal Bank
Dec 29, 2010
—
Abundant Space Self Storage Ll
Dean,katherine A & Thomas R
Warranty Deed
$48,000 · Four Oaks Bank & Trust Co
Jan 29, 2004
—
Katherine A Dean
Dean,thomas R & Katherine A
Quit Claim Deed
related
—
—
—
Abundant Space Self Storage Ll
—
Deed Of Trust
related
$1,574,900 · Four Oaks Bk&tr
—
—
Abundant Space Self Storage Ll
—
Deed Of Trust
related
$226,100 · Four Oaks 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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