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Property profile & analytics
OFF-MARKET
Estimated value
$5,180,000
Banks
7541 Creedmoor Rd Raleigh, NC 27613-1642
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-0065156
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1994
Construction
BRICK
Total area
3,327 SF
Lot
1.04 ac (45,302 SF)
Zoning code
OX-3
APN
0797.06-48-7713 0203279
UPID
US53-0065156
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
-
Fifth Third Preferred - Taylor Turner Financial Advisor
-
Fifth Third Bank & ATM Bank Loan Service
-
Fifth Third Preferred - Joseph Lucente Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.14M
Blend (final)
Blend
$5.18M
Owner & transaction history
Durham Laundry Co · 5 yrs held
Durham Laundry Co
since 2021
Last sale
$5.1M
5 recorded transactions
Zoning & alternative use
OX-3 · Raleigh, 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 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
$6,260,000
ML approach
$6,405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.18M
Range $4.66M – $5.70M · ±10% · vs last sale $5.05M (Apr 5 2021)
Last sale anchor
$5.05M
Apr 5 2021
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
$1,557 / 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
$14,230
Tax year 2023
Assessed value
$1,305,491
Assessed 2023
Previous assessed
$1,305,491
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$587,114
Assessed improvement
$718,377
Land market value
$587,114
Improvement market value
$718,377
Total market value
$1,305,491
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1994
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,327 SF
Lot
1.04 ac (45,302 SF)
Zoning code
OX-3
APN
0797.06-48-7713 0203279
UPID
US53-0065156
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.
Building & site characteristics
From public records
Year built
1994
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Durham Laundry Co
Entity
Free & Clear · 5 yrs held
Mailing address
5009 SHAMROCK DR, RALEIGH, NC 27612-6202
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
Apr 5, 2021
$5,050,000
Durham Laundry Co
Pontus Vault Portfolio LLC
Grant Deed
—
Aug 13, 2019
—
Pontus Vault Portfolio LLC
—
Grant Deed
related
$68,589,250 · Pacific Wstrn Bk
Apr 28, 2016
$3,040,000
Pontus Vault Portfolio LLC
First States Invtrs 6000d LP
Grant Deed
—
May 22, 2007
$968,500
First States Invtrs 6000d
First States Investors 3185
Deed Of Trust
related
$31,275,000 · German American Capital Corp
Nov 29, 2005
$968,500
First States Investors 3185
Wachovia Bank NA
Grant 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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