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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Office buildings
7209 Creedmoor Rd, Raleigh, NC 27613-1625
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1116043
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
FRAME
Total area
14,322 SF
Lot
1.55 ac (67,518 SF)
Zoning code
OX-3
APN
0797.10-47-7489 0160438
UPID
US53-1116043
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
-
SAMANTHA ZARRO Physician
-
PIP Marketing, Signs, Print (Bike/Boat/Book/etc) Store Printing Service
-
The Sharon Evans Triangle Experts Team | eXp Realty Real Estate Agency
-
Megan Kain Physician
-
Moser-Jens Deann E Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$2.76M
Owner & transaction history
Trex Properties LLC · 3 yrs held
Trex Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
OX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.5M
+61.7%
Auto repair, garage
$4.2M
+51.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,795,000
Current use
MEDICAL BUILDING
$4,515,000
Change: +62% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,225,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±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
$193 / 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
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
2004
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
2
Total area
14,322 SF
Lot
1.55 ac (67,518 SF)
Zoning code
OX-3
APN
0797.10-47-7489 0160438
UPID
US53-1116043
Jurisdiction
WAKE
Zoning & alternative use
OX-3 · Raleigh, NC
Zoning OX-3 · permitted uses
OX-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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.2M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
1.55 ac
Current owner
From public records · entity-resolved
Trex Properties LLC
Entity
Mailing address
7000 6TH FRKS RD STE #115, RALEIGH, NC 27615-6453
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2023
$800,000
Trex Properties LLC
Dpac Holdings LLC
Warranty Deed
$640,000 · Southern Bank & Trust Co
Mar 5, 2021
$515,000
Dpac Holdings LLC
Gary Lee Storr LLC
Warranty Deed
$540,000 · Southern Bank & Trust Co
Oct 28, 2020
$440,000
Bvm Holding Nc LLC
Pacific Management Group LLC
Warranty Deed
$374,000 · First Sentinel Bk
Dec 20, 2017
$450,000
Gary Lee Storr LLC
Hoffmann Props Of Raleigh LLC
Warranty Deed
$237,140 · First Citizens Bk
Dec 12, 2017
$328,500
Ashton Hall Properties LLC
Boyd & Burgess LLC
Warranty Deed
$250,000 · First Citizens Bk
Nov 6, 2017
$482,000
Steele Software Consulting LLC
Gsd Properties LLC
Warranty Deed
$562,500 · Paragon Com'l Bk
Apr 6, 2006
$332,500
Jaega Investments LLC
Bdg Creedmoor Road Assocs LLC
Grant Deed
$403,000 · Suntrust Bank NA
Apr 29, 2004
$650,000
Bdg Creedmoor Road Assocs LLC
Swk Of Raleigh LLC
Warranty Deed
$440,435 · Branch Banking & Trust Co
Nov 5, 2001
—
Swk Of Raleigh LLC
Swk,of R
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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