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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
901 Willow Dr Ste 4, Chapel Hill, NC 27514-7078
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2354950
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Total area
1,715 SF
Lot
1 ac (43,560 SF)
Zoning code
R5
APN
9799-13-1396.004
UPID
US53-2354950
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
$585k
CAP Approach
CAP
$435k
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$550k
Owner & transaction history
Carolina Cymru LLC · 4 yrs held
Carolina Cymru LLC
since 2021
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
R5 · Chapel Hill, 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 Chapel Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chapel Hill 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
$630,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
$470,000
6.5%
$435,000
7%
$405,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$680,000
Current use
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $375k (Jul 15 2021)
Last sale anchor
$375k
Jul 15 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
$321 / 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
$6,150
Tax year 2023
Assessed value
$360,600
Assessed 2023
Previous assessed
$360,600
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed improvement
$360,600
Improvement market value
$360,600
Total market value
$360,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1967
Heating
YES
Stories
1
Total area
1,715 SF
Lot
1 ac (43,560 SF)
Zoning code
R5
APN
9799-13-1396.004
UPID
US53-2354950
Jurisdiction
ORANGE
Zoning & alternative use
R5 · Chapel Hill, NC
Zoning R5 · permitted uses
R5 · Chapel Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chapel Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$680,000
OFFICE BUILDING 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
1967
Heating
YES
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Carolina Cymru LLC
Entity
Mailing address
910 WILLOW DR STE #2, CHAPEL HILL, NC 27514-7073
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$375,000
Carolina Cymru LLC
Ariana Sm Properties LLC
Warranty Deed
—
Aug 23, 2019
$355,000
Ariana S M Properites LLC
Hourigan Properties LLC
Warranty Deed
$284,000 · First Command Bank
Mar 7, 2011
—
Hourigan Properties LLC
Hourigan,diane R
Quit Claim Deed
related
$255,498 · First Citizens Bank & Trust Co
—
—
Diane R Hourigan
—
Deed Of Trust
related
$251,000 · First Citizens Bank & Trust Co
—
—
Hourigan Properties LLC
—
Deed Of Trust
related
$25,000 · Suntrust Bank NA
—
—
Diane R Hourigan
—
Deed Of Trust
related
$306,000 · First Citizens Bank & Trust Co
—
—
Diane R Hourigan Dds Pa
—
Deed Of Trust
related
$170,000 · First Citizens Bank & Trust 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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