Property profile

705 Herman Kemp Blvd Louisburg, NC 27549

OFF-MARKET
Outlet malls
Property ID
US53-3036815
151,761 SF 25.13 ac lot Built 2009
Trust Owned 18-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2009
Total area 151,761 SF
Lot 25.13 ac (1,094,663 SF)
Zoning code B 2
APN 40450
UPID US53-3036815

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

705 Herman Kemp Blvd Louisburg, NC 27549
Louisburg metro Census 60302 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.57M
Blend (final) Blend
$20.14M

Owner & transaction history

since 2008
1 recorded transaction
2008
$2.6M

Zoning & alternative use

B 2 · Louisburg, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 705 Herman Kemp Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message