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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Specialty properties
7515 Carpenter Fire Sta Rd Cary, NC 27519-8617
Entity Owned
13-yr Hold
Free & Clear
Property ID
US53-0906233
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2006
Construction
CONCRETE BLOCKS
Total area
6,568 SF
Lot
1.01 ac (43,996 SF)
Zoning code
OICU
APN
0735.03-04-8233 0022045
UPID
US53-0906233
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
-
Carpenter Animal Hospital and Pet Inn Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$590k
Owner & transaction history
Qmh Ents LLC · 13 yrs held
Qmh Ents LLC
since 2013
7 recorded transactions
Zoning & alternative use
OICU · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$835,000
+35.9%
Medical building
$675,000
+9.5%
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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$615,000
Current use
WAREHOUSE, STORAGE
$835,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$675,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$90 / 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
$15,253
Tax year 2023
Assessed value
$1,522,303
Assessed 2023
Previous assessed
$1,522,303
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$351,968
Assessed improvement
$1,170,335
Land market value
$351,968
Improvement market value
$1,170,335
Total market value
$1,522,303
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2006
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
6,568 SF
Lot
1.01 ac (43,996 SF)
Zoning code
OICU
APN
0735.03-04-8233 0022045
UPID
US53-0906233
Jurisdiction
WAKE
Zoning & alternative use
OICU · Cary, NC
Zoning OICU · permitted uses
OICU · 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
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$615,000
WAREHOUSE, STORAGE
Est. value
$835,000
MEDICAL BUILDING
Est. value
$675,000
VETERINARY, ANIMAL HOSPITAL Current
WAREHOUSE, STORAGE
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
2006
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Qmh Ents LLC
Entity
Free & Clear · 13 yrs held
Mailing address
397 MARKHAM PLANTATION, APEX, NC 27523-5586
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
—
Qmh Enterprises LLC
—
Deed
related
$2,307,500 · First Citizens Bank & Trust Co
Aug 29, 2016
—
Hodges Veterinary Svcs PLLC
—
Deed
related
$629,000 · First Citizens Bk
Aug 2, 2016
—
Qmh Ents LLC
—
Deed
related
$1,445,000 · First Citizens Bk
Aug 1, 2016
—
Qmh Ents LLC
—
Deed
related
$1,445,000 · First Citizens Bk
May 31, 2013
$1,740,000
Qmh Ents LLC
M & R Pet Doc LLC
Grant Deed
—
Jan 31, 2006
—
M & R Pet Doc LLC
—
Trustees Deed
related
$1,783,000 · Wachovia Sba Lending INC
Jul 23, 2004
$140,000
M & R Pet Doc LLC
High,james D III & Connie O
Warranty Deed
$95,250 · Wachovia Bank NA
—
—
Hodges Veterinary Svcs PLLC
—
Deed Of Trust
related
$629,000 · First Citizens Bk
—
—
Qmh Ents LLC
—
Deed Of Trust
related
$1,445,000 · First Citizens Bk
—
—
Qmh Ents LLC
—
Deed Of Trust
related
$1,445,000 · First Citizens 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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