New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Retail space
8821 Wadford Dr, Raleigh, NC 27616-9057
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US53-1095067
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
BRICK
Total area
17,812 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CX-3
APN
1738.13-12-1721 0315274
UPID
US53-1095067
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
-
Garcia Moto Motorcycle Shop
-
C3 Church Raleigh Church
-
Garcia Moto BMW INDIAN DUCATI KTM Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.90M
Owner & transaction history
Garcia One LLC · 12 yrs held
Garcia One LLC
since 2013
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$163 / 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
$26,446
Tax year 2023
Assessed value
$2,426,254
Assessed 2023
Previous assessed
$2,426,254
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$470,448
Assessed improvement
$1,955,806
Land market value
$470,448
Improvement market value
$1,955,806
Total market value
$2,426,254
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
17,812 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CX-3
APN
1738.13-12-1721 0315274
UPID
US53-1095067
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
2006
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Garcia One LLC
Entity
Mailing address
8821 WADFORD DR, RALEIGH, NC 27616-9057
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Apr 13, 2020
—
Garcia One LLC
—
Deed
related
$2,355,000 · Pinnacle Bk
Feb 11, 2016
—
Garcia One LLC
—
Trustees Deed
related
$2,400,000 · Newbridge Bk
Dec 5, 2013
$1,000,000
Garcia One LLC
Wells Fargo Bk NA
Grant Deed
$914,000 · Capstone Bank
Aug 28, 2012
$3,366,000
Fargo Bk NA Wells
Trste INC
Trustees Deed
related
—
Mar 24, 2005
$1,009,500
Matison Properties LLC
Thornton Road Associates LLC
Warranty Deed
$2,210,000 · Wachovia Bank NA
—
—
Garcia One LLC
—
Deed Of Trust
related
$2,355,000 · Pinnacle Bk
—
—
Matison Properties LLC
—
Deed Of Trust
related
$2,000,000 · Margaret A Price
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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