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Property profile & analytics
OFF-MARKET
Estimated value
$4,610,000
Day care centers
7420 Mccrimmon Pkwy, Cary, NC 27519-1904
Entity Owned
~
Est. High Equity
Property ID
US53-2903618
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2015
Construction
BRICK
Total area
10,489 SF
Lot
1.85 ac (80,586 SF)
Zoning code
R12P
APN
0725.02-96-9739 0324347
UPID
US53-2903618
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
-
Children's Lighthouse of Cary - West Cary Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.71M
Blend (final)
Blend
$4.61M
Owner & transaction history
Kinderrise Education LLC
Kinderrise Education LLC
since 2025
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
R12P · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.2M
+112.3%
Neighborhood: shopping center
$5.8M
+97.9%
Restaurant
$5.5M
+87.1%
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 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
$5,085,000
ML approach
$5,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$2,920,000
Current use
COMMERCIAL (GENERAL)
$6,200,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,780,000
Change: +98% · Conversion: Difficult
RESTAURANT
$5,465,000
Change: +87% · Conversion: Difficult
RETAIL STORES
$4,845,000
Change: +66% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,430,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$3,615,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$4.61M
Range $4.15M – $5.07M · ±10% · vs last sale $4.60M (May 29 2025)
Last sale anchor
$4.60M
May 29 2025
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
$440 / 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
$34,326
Tax year 2023
Assessed value
$3,425,774
Assessed 2023
Previous assessed
$3,425,774
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$555,000
Assessed improvement
$2,870,774
Land market value
$555,000
Improvement market value
$2,870,774
Total market value
$3,425,774
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2015
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,489 SF
Lot
1.85 ac (80,586 SF)
Zoning code
R12P
APN
0725.02-96-9739 0324347
UPID
US53-2903618
Jurisdiction
WAKE
Zoning & alternative use
R12P · Cary, NC
Zoning R12P · permitted uses
R12P · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$6.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.8M
RESTAURANT
Est. value
$5.5M
RETAIL STORES
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$3.6M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2015
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Kinderrise Education LLC
Entity
Mailing address
1112 HYMETTUS CT, RALEIGH, NC 27607-4176
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
—
Kinderrise Education LLC
Kinderrise Re Holdings LLC
Deed
—
Aug 29, 2025
$4,600,000
Kinderrise Re Holdings Ll
Guiding Light Real Estate Holdings
Special Warranty Deed
$3,779,373 · First Citizens Bank & Trust Co
Jan 6, 2020
$3,450,000
Guiding Light R & E Hldgs LLC
Venmathy INC
Grant Deed
$3,910,000 · Live Oak Bkg
Sep 15, 2014
—
Venmathy INC
—
Grant Deed
related
$3,314,000 · Stearns Bk
Jan 17, 2014
$550,000
Venmathy INC
Cary Park Associates LLC
Grant Deed
$245,000 · Stearns Bk
Aug 1, 2013
—
Rajarathinam Davidarulappan
Cary Park Associates LLC
Grant Deed
related
—
Mar 14, 2008
$579,000
Cary Park Associates LLC
Panther Creek-raleigh
Grant Deed
$984,000 · Harrington Bank Fsb
—
—
Venmathy INC
—
Deed Of Trust
related
$100,000 · Stearns 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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