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Property profile & analytics
OFF-MARKET
Office buildings
716 Saunders St, Raleigh, NC 27603-2118
Entity Owned
Free & Clear
Property ID
US53-5385268
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
CONCRETE BLOCKS
Total area
3,145 SF
Lot
0.18 ac (7,841 SF)
Zoning code
NX-3
APN
1703.10-46-3004 0064616
UPID
US53-5385268
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
-
The Lord's Shop Auto Repair Shop
-
The Raleigh Architecture Company Architect
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
Bh South Street LLC
Bh South Street LLC
since 2026
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
NX-3 · Raleigh, 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 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
$4,307
Tax year 2023
Assessed value
$395,124
Assessed 2023
Previous assessed
$395,124
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$313,326
Assessed improvement
$81,798
Land market value
$313,326
Improvement market value
$81,798
Total market value
$395,124
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,145 SF
Lot
0.18 ac (7,841 SF)
Zoning code
NX-3
APN
1703.10-46-3004 0064616
UPID
US53-5385268
Jurisdiction
WAKE
Zoning & alternative use
NX-3 · Raleigh, NC
Zoning NX-3 · permitted uses
NX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Bh South Street LLC
Entity
Free & Clear · 0 yrs held
Mailing address
716 S SAUNDERS ST, RALEIGH, NC 27603-2118
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2026
—
Bh South Street LLC
716 South Saunders LLC
Warranty Deed
—
Jan 6, 2026
$2,550,000
Bh South Street LLC
716 South Saunders LLC
Special Warranty Deed
—
Dec 9, 2020
—
716 South Saunders LLC
—
Deed
related
$150,000 · Peoples Bk
Aug 13, 2019
—
716 South Saunders LLC
Mazariegos,eduardo J & Clarissa
Correction Deed
related
$495,000 · Southern Bk
Jul 25, 2017
$630,100
716 South Saunders LLC
Mazariegos,eduardo J & Clarissa
Warranty Deed
$891,000 · Southern Bk
Dec 17, 2009
—
Eduardo J Mazariegos
Mazariegos,carlos
Quit Claim Deed
related
—
Dec 22, 2008
$332,500
Carlos Mazariegos
Santos,armando
Warranty Deed
related
$37,500 · Armando Santos
Jul 2, 2008
$295,000
Armando Santos
Calloway,charles R
Warranty Deed
related
$265,000 · Charles R Calloway
—
—
716 South Saunders LLC
—
Deed Of Trust
related
$408,000 · Business Expansion Fndg
—
—
716 South Saunders LLC
—
Deed Of Trust
related
—
—
—
716 South Saunders LLC
—
Deed Of Trust
related
$495,000 · Southern Bk
—
—
716 South Saunders LLC
—
Deed Of Trust
related
$150,000 · Peoples Bk
—
—
716 South Saunders LLC
—
Deed Of Trust
related
$865,000 · Peoples Bk
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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