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Property profile & analytics
OFF-MARKET
Garden apartment buildings
7410 Cordoba Cir, Leland, NC 28451-2420
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-3458088
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2020
Total area
25,392 SF
Lot
15.91 ac (693,040 SF)
Zoning code
MF
APN
470002432
UPID
US53-3458088
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wal Apts De LLC · 4 yrs held
Wal Apts De LLC
since 2021
Last sale
$66.5M
5 recorded transactions
Zoning & alternative use
MF · Leland, 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 Leland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leland 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
Property tax & assessments
Assessed value
$61,512,120
Assessed 2023
Previous assessed
$19,768,530
+211.2% YoY
Assessed land
$3,631,500
Assessed improvement
$57,880,620
Land market value
$3,631,500
Improvement market value
$57,880,620
Total market value
$61,512,120
Applied tax rate
31.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2020
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
25,392 SF
Lot
15.91 ac (693,040 SF)
Zoning code
MF
APN
470002432
UPID
US53-3458088
Jurisdiction
BRUNSWICK
Zoning & alternative use
MF · Leland, NC
Zoning MF · permitted uses
MF · Leland, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
HEAT PUMP
Cooling
Yes
Lot
15.91 ac
Current owner
From public records · entity-resolved
Wal Apts De LLC
Entity
Mailing address
471 N BROADWAY, JERICHO, NY 11753-2106
Ownership since
2021
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
Mar 10, 2026
—
Wal Apts De LLC
—
Deed
related
$78,400,000 · Acres Realty Funding INC
Dec 28, 2021
$66,500,000
Wal Apts De LLC
Waterleaf At Leland Apartments LLC
Special Warranty Deed
$53,750,000 · Ladder Capital Finance LLC
Nov 25, 2019
—
Waterleaf At Leland Apts LLC
—
Grant Deed
related
$24,845,000 · Cibc Bk USA
May 3, 2019
—
Town Of Leland
Wgtractiob LLC
Grant Deed
related
—
Dec 30, 2014
—
Wgtract10b LLC|wg Mm Tract10b LLC
Oceangate LLC
Grant Deed
—
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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