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Property profile & analytics
OFF-MARKET
Estimated value
$11,465,000
Manufacturing properties
8013 Purfoy Rd, Fuquay Varina, NC 27526-8939
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1968526
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Total area
140,592 SF
Lot
10.04 ac (437,342 SF)
Zoning code
RLI
APN
0666.02-85-3364 0324289
UPID
US53-1968526
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
-
Digger Specialties, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.43M
CAP Approach
CAP
$13.85M
Comparable Approach
Comparable
$11.07M
Blend (final)
Blend
$11.47M
Owner & transaction history
Ev Purfoy LLC · 4 yrs held
Ev Purfoy LLC
since 2021
Last sale
$9.5M
4 recorded transactions
Zoning & alternative use
RLI · Fuquay Varina, 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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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
$12,375,000
ML approach
$12,425,000
CAP Approach
CAP Return
Estimation
6%
$14,995,000
6.5%
$13,845,000
7%
$12,855,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,205,000
Current use
Blend value · Realmo final
$11.47M
Range $10.32M – $12.61M · ±10% · vs last sale $9.55M (Oct 25 2021)
Last sale anchor
$9.55M
Oct 25 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
$82 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$89,835
Tax year 2024
Assessed value
$10,308,055
Assessed 2024
Previous assessed
$10,308,055
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$502,994
Assessed improvement
$9,805,061
Land market value
$502,994
Improvement market value
$9,805,061
Total market value
$10,308,055
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
140,592 SF
Lot
10.04 ac (437,342 SF)
Zoning code
RLI
APN
0666.02-85-3364 0324289
UPID
US53-1968526
Jurisdiction
WAKE
Zoning & alternative use
RLI · Fuquay Varina, NC
Zoning RLI · permitted uses
RLI · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$16.2M
INDUSTRIAL (GENERAL) 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
1998
Heating
SPACE
Cooling
Yes
Stories
1
Lot
10.04 ac
Current owner
From public records · entity-resolved
Ev Purfoy LLC
Entity
Mailing address
3105 GLENWOOD AVE STE #105, RALEIGH, NC 27612-5059
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
$10,100,000
Ev Purfoy LLC
Tl Purfoy LLC
Warranty Deed
$7,737,771 · First Carolina Bank
Dec 2, 2004
$3,745,000
Terry E Slate
Barker Property Management LLC
Warranty Deed
$3,150,000 · American Equity Inv Life Ins
—
—
Terry E Slate
—
Deed Of Trust
related
$1,000,000 · Column & Post Invs 1 LLC
—
—
Terry E Slate
—
Deed Of Trust
related
$110,000 · Baker Construction Co
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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