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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Community centers
7165 Okelly Chapel Rd Cary, NC 27519-6849
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3956290
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2013
Construction
BRICK
Total area
12,166 SF
Lot
30.92 ac (1,346,875 SF)
Zoning code
GCM
APN
0736.03-32-1128 0414277
UPID
US53-3956290
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
$735k
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$975k
Blend (final)
Blend
$1.05M
Owner & transaction history
Krg Parkside I LLC & Parkside · 7 yrs held
Krg Parkside I LLC & Parkside
since 2019
2 recorded transactions
Zoning & alternative use
GCM · Cary, NC
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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
$735,000
CAP Approach
CAP Return
Estimation
6%
$1,550,000
6.5%
$1,435,000
7%
$1,330,000
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$86 / 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
$182,605
Tax year 2023
Assessed value
$18,224,019
Assessed 2023
Previous assessed
$18,224,019
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$8,730,374
Assessed improvement
$9,493,645
Land market value
$8,730,374
Improvement market value
$9,493,645
Total market value
$18,224,019
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2013
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
12,166 SF
Lot
30.92 ac (1,346,875 SF)
Zoning code
GCM
APN
0736.03-32-1128 0414277
UPID
US53-3956290
Jurisdiction
WAKE
Zoning & alternative use
GCM · Cary, NCZoning GCM · permitted uses
GCM · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
4.4.2 Mixed Use Overlay
Building & site characteristics
From public records
Year built
2013
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
30.92 ac
Current owner
From public records · entity-resolved
Krg Parkside I LLC & Parkside
Entity
Free & Clear · 7 yrs held
Mailing address
30 S MERIDIAN ST STE #1100, INDIANAPOLIS, IN 46204-3565
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2019
—
Krg Parkside I LLC & Parkside
Krg Of Prisa II Parkside LLC
Quit Claim Deed
related
—
Sep 18, 2018
—
Krg Parkside I LLC
Krg Of Prisa II Parkside LLC
Quit Claim Deed
related
—
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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