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Property profile & analytics
FOR LEASE
Strip malls
7901 Falls Of Neuse Rd Raleigh, NC 27615
Individually Owned
17-yr Hold
Free & Clear
Property ID
US53-0410817
For Lease
1 / 3
$2,965,000
7901 Falls Of Neuse Rd, Raleigh, NC 27615
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Construction
CONCRETE BLOCKS
Total area
17,467 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CX-3
APN
1718.17-00-2355 0162657
UPID
US53-0410817
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
-
Firehouse Subs Bent Tree Take-out & Catering Catering Service
-
Taziki's Mediterranean Cafe - Bent Tree Restaurant
-
Bent Tree Plaza Shopping Center & Mall
-
Pet Mania (Bike/Boat/Book/etc) Store Pet Store & Service
-
IVX Health Infusion Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.97M
Owner & transaction history
Inland American Raleigh Bent T · 17 yrs held
Inland American Raleigh Bent T
since 2009
6 recorded transactions
Zoning & alternative use
CX-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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,470,000
6.5%
$4,125,000
7%
$3,830,000
Blend value · Realmo final
$2.97M
Range $2.67M – $3.26M · ±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
$170 / 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
$41,847
Tax year 2023
Assessed value
$3,839,141
Assessed 2023
Previous assessed
$3,839,141
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$608,266
Assessed improvement
$3,230,875
Land market value
$608,266
Improvement market value
$3,230,875
Total market value
$3,839,141
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1993
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
17,467 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CX-3
APN
1718.17-00-2355 0162657
UPID
US53-0410817
Jurisdiction
WAKE
Zoning & alternative use
CX-3 · Raleigh, NC
Zoning CX-3 · permitted uses
CX-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
1993
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
Inland American Raleigh Bent T
Individual
Free & Clear · 17 yrs held
Mailing address
2901 BUTTERFIELD RD, OAK BROOK, IL 60523-1106
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2009
$9,915,000
Inland American Raleigh Bent T
Mcw-rc Nc-bent Tree LLC
Grant Deed
—
Jan 5, 2004
$9,814,500
Mcw-rc Nc-bent Tree LLC
Regency Centers
Grant Deed
—
—
—
Inland American Raleigh Bent T
—
Deed Of Trust
related
$65,600,000 · Charter One
—
—
Inland American Raleigh Bent T
—
Deed Of Trust
related
$56,702,000 · Charter One
—
—
Inland American Raleigh Bent T
—
Deed Of Trust
related
$39,092,000 · Charter One
—
—
Ia Raleigh Bent Tree LLC
—
Loan Modification
related
$56,383,599 · Charter One
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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