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Property profile & analytics
OFF-MARKET
Estimated value
$4,155,000
Garden apartment buildings
8221 Bertini Rd, Raleigh, NC 27616-3459
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-1444071
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2012
Construction
FRAME
Total area
62,700 SF
Lot
7.7 ac (335,412 SF)
Zoning code
CX-4
APN
1727.20-91-6527 0362117
UPID
US53-1444071
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.16M
Owner & transaction history
Sterling Poe LP · 7 yrs held
Sterling Poe LP
since 2018
3 recorded transactions
Zoning & alternative use
CX-4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$66 / 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
$125,348
Tax year 2023
Assessed value
$11,367,705
Assessed 2023
Previous assessed
$11,367,705
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,016,000
Assessed improvement
$9,351,705
Land market value
$2,016,000
Improvement market value
$9,351,705
Total market value
$11,367,705
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
72
Total area
62,700 SF
Lot
7.7 ac (335,412 SF)
Zoning code
CX-4
APN
1727.20-91-6527 0362117
UPID
US53-1444071
Jurisdiction
WAKE
Zoning & alternative use
CX-4 · Raleigh, NC
Zoning CX-4 · permitted uses
CX-4 · 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
2012
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
72
Lot
7.7 ac
Current owner
From public records · entity-resolved
Sterling Poe LP
Entity
Free & Clear · 7 yrs held
Mailing address
4890 W KENNEDY BLVD STE #240, TAMPA, FL 33609-2587
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2018
$52,976,000
Sterling Poe LP
Sterling Tc Property Owner LLC
Grant Deed
related
—
Sep 23, 2014
$38,000,000
Sterling Tc Property Owner LLC
Tpadrp LLC
Grant Deed
—
Nov 30, 2011
$3,900,000
Tpadrp LLC
Faison-triangle LLC
Grant Deed
$29,712,300 · Berkadia Commercial Mortgage
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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