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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Day care centers
8521 Fls Of Neuse Rd, Raleigh, NC 27615-3513
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1938168
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2004
Construction
BRICK
Total area
10,152 SF
Lot
5.51 ac (240,016 SF)
Zoning code
R-1
APN
1718.18-41-0568 0283604
UPID
US53-1938168
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
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$525k
Owner & transaction history
Brick By Brick Too LLC · 22 yrs held
Brick By Brick Too LLC
since 2003
7 recorded transactions
Zoning & alternative use
R-1 · 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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$52 / 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
$14,683
Tax year 2023
Assessed value
$2,694,076
Assessed 2023
Previous assessed
$2,694,076
+0.0% YoY
Effective rate
0.55%
On assessed value
Assessed land
$433,505
Assessed improvement
$2,260,571
Land market value
$433,505
Improvement market value
$2,260,571
Total market value
$2,694,076
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,152 SF
Lot
5.51 ac (240,016 SF)
Zoning code
R-1
APN
1718.18-41-0568 0283604
UPID
US53-1938168
Jurisdiction
WAKE
Zoning & alternative use
R-1 · Raleigh, NC
Zoning R-1 · permitted uses
R-1 · 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
2004
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
5.51 ac
Current owner
From public records · entity-resolved
Brick By Brick Too LLC
Entity
Mailing address
1053 TACKETTS POND DR, RALEIGH, NC 27614-7887
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2020
—
Brick By Brick Too LLC
—
Deed
related
$1,500,000 · Truist Bank
Aug 31, 2018
—
Brick By Brick Too LLC
—
Deed
related
$1,400,000 · Wells Fargo Bk
Jul 30, 2003
$450,000
Brick By Brick Too LLC
—
Grant Deed
related
—
Jul 29, 2003
$450,000
Brick By Brick Too LLC
Totilness,enterp
Grant Deed
—
—
—
Brick By Brick Too LLC
—
Deed Of Trust
related
$1,571,615 · Fifth Third Bank
—
—
Brick By Brick Too LLC
—
Deed Of Trust
related
$1,923,676 · Wachovia Bank NA
—
—
Brick By Brick Too LLC
—
Deed Of Trust
related
$1,400,000 · Wells Fargo 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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