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Property profile & analytics
OFF-MARKET
Estimated value
$6,485,000
Grocery and convenience stores
7862 Idlewild Rd, Indian Trail, NC 28079-8675
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US53-0777523
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2004
Total area
36,731 SF
Lot
7.01 ac (305,225 SF)
Zoning code
GBD INDIAN TRAIL
APN
07-060-097
UPID
US53-0777523
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
$6.94M
Comparable Approach
Comparable
$4.01M
Blend (final)
Blend
$6.49M
Owner & transaction history
Hemby Wood LLC · 21 yrs held
Hemby Wood LLC
since 2005
7 recorded transactions
Zoning & alternative use
GBD INDIAN TRAIL · Indian Trail, 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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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%
$7,515,000
6.5%
$6,935,000
7%
$6,440,000
Alternative Use
Use
Estimation
RETAIL STORES
$10,170,000
Current use
Blend value · Realmo final
$6.49M
Range $5.84M – $7.13M · ±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
$177 / 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
$59,995
Tax year 2023
Assessed value
$6,757,500
Assessed 2023
Previous assessed
$6,757,500
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,761,600
Assessed improvement
$4,995,900
Land market value
$1,761,600
Improvement market value
$4,995,900
Total market value
$6,757,500
Applied tax rate
623.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2004
Heating
YES
Buildings
3
Stories
1
Total area
36,731 SF
Lot
7.01 ac (305,225 SF)
Zoning code
GBD INDIAN TRAIL
APN
07-060-097
UPID
US53-0777523
Jurisdiction
UNION
Zoning & alternative use
GBD INDIAN TRAIL · Indian Trail, NC
Zoning GBD INDIAN TRAIL · permitted uses
GBD INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$10.2M
RETAIL STORES Current
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
Heating
YES
Stories
1
Buildings
3
Lot
7.01 ac
Current owner
From public records · entity-resolved
Hemby Wood LLC
Entity
Mailing address
1004 WAKE FRST RD, RALEIGH, NC 27604-1358
Ownership since
2005
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
Apr 13, 2018
—
Hemby Wood LLC
—
Deed
related
$3,581,574 · Paragon Bk
Jun 2, 2017
—
Hemby Wood LLC
—
Deed
related
$450,000 · Paragon Com'l Bk
Feb 16, 2005
—
Hemby Wood LLC
Tillman,c B & Carol B
Warranty Deed
$4,950,000 · Column Financial INC
Apr 15, 2004
$950,000
Floyd L Frank JR.
Idelwood,commons
Grant Deed
—
Feb 6, 2003
$1,159,000
Idlewild Commons LLC
Vanezios,nick G
Trustees Deed
—
Feb 6, 2003
$162,500
Idlewild Commons LLC
Vanezios,nick G
Trustees Deed
—
Feb 6, 2003
$550,000
Hendley Brewer Properties
Idlewild,commons
Grant Deed
—
—
—
Hemby Wood LLC
—
Deed Of Trust
related
$450,000 · Paragon Com'l Bk
—
—
Hemby Wood LLC
—
Loan Modification
related
$3,581,574 · Paragon 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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