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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Warehouses
817 Ctr St Apex, NC 27502-1713
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-1524224
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
METAL FRAME
Total area
7,175 SF
Lot
2.5 ac (108,900 SF)
Zoning code
LI
APN
0742.20-80-3670 0076793
UPID
US53-1524224
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
-
EDS Waterproofing & Restoration Hardware & Home Improvement Construction Company
-
Peak Fall Protection General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Scott Realty LLC · 8 yrs held
Scott Realty LLC
since 2018
7 recorded transactions
Zoning & alternative use
LI · Apex, 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 Apex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apex 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
$560,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$117 / 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
$9,900
Tax year 2023
Assessed value
$902,469
Assessed 2023
Previous assessed
$902,469
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$435,600
Assessed improvement
$466,869
Land market value
$435,600
Improvement market value
$466,869
Total market value
$902,469
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
7,175 SF
Lot
2.5 ac (108,900 SF)
Zoning code
LI
APN
0742.20-80-3670 0076793
UPID
US53-1524224
Jurisdiction
WAKE
Zoning & alternative use
LI · Apex, NC
Zoning LI · permitted uses
LI · Apex, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apex. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Scott Realty LLC
Entity
Mailing address
PO BOX 821, APEX, NC 27502-0821
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Nov 19, 2020
—
Scott Realty LLC
—
Deed
related
$500,000 · First Nat'l Bk/pa
May 31, 2018
—
Scott Realty LLC
Mcgrath,john & Thomas
Warranty Deed
related
$1,750,000 · Branch Bk&tr
Aug 17, 2017
—
John Mcgrath
—
Deed
related
$850,000 · Branch Bk&tr
Aug 28, 2006
$9,500
John Mcgrath
Mcgrath,diane
Quit Claim Deed
related
—
Aug 16, 2004
—
John Mcgrath
Register,b H JR & Delores G
Quit Claim Deed
related
$569,500 · Crescent State Bank
Aug 16, 2004
$670,000
John Mcgrath
Register,b H JR & Delores G
Warranty Deed
—
—
—
John Mcgrath
—
Deed Of Trust
related
$500,000 · Crescent State Bank
—
—
John Mcgrath
—
Deed Of Trust
related
$850,000 · Branch Bk&tr
—
—
Scott Realty LLC
—
Deed Of Trust
related
$500,000 · First Nat'l Bk/pa
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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