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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Automotive properties
9209 Glenwood Ave, Raleigh, NC 27617-7510
Entity Owned
18-yr Hold
Free & Clear
Property ID
US53-0058164
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2008
Total area
16,018 SF
Lot
7.33 ac (319,295 SF)
Zoning code
IX-3
APN
0778.03-11-2092 0043180
UPID
US53-0058164
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
-
Fred Anderson Kia of Raleigh Car Dealership
-
Fred Anderson Kia of Raleigh Service Center Auto Repair Shop
-
Fred Anderson Kia of Raleigh Parts Center Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$890k
Owner & transaction history
Anderson Real Estate 4 LLC · 18 yrs held
Anderson Real Estate 4 LLC
since 2007
7 recorded transactions
Zoning & alternative use
IX-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
Method
Estimation
Statistic approach
by Request
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$56 / 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
$45,019
Tax year 2023
Assessed value
$4,130,196
Assessed 2023
Previous assessed
$4,130,196
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,765,603
Assessed improvement
$2,364,593
Land market value
$1,765,603
Improvement market value
$2,364,593
Total market value
$4,130,196
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2008
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
2
Total area
16,018 SF
Lot
7.33 ac (319,295 SF)
Zoning code
IX-3
APN
0778.03-11-2092 0043180
UPID
US53-0058164
Jurisdiction
WAKE
Zoning & alternative use
IX-3 · Raleigh, NC
Zoning IX-3 · permitted uses
IX-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
2008
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
7.33 ac
Current owner
From public records · entity-resolved
Anderson Real Estate 4 LLC
Entity
Free & Clear · 18 yrs held
Mailing address
9101 GLENWOOD AVE, RALEIGH, NC 27617-7507
Ownership since
2007
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 1, 2020
—
Anderson Real Estate 2 LLC
—
Deed
related
$3,040,000 · Comerica Bk
Mar 24, 2017
—
Anderson Of Raleigh LLC
—
Grant Deed
related
$9,500,000 · Comerica Bk
Oct 26, 2007
—
Anderson Real Estate 4 LLC
Anderson Of Raleigh
Quit Claim Deed
related
—
Apr 7, 2006
—
Anderson Of Waynesville
Anderson Real Estate 2 LLC
Quit Claim Deed
related
—
Aug 18, 2005
$515,000
Anderson Real Estate 2 LLC
Lynch,robert G JR & Gladys T
Warranty Deed
—
—
—
Anderson Of Raleigh LLC|anderson Real Estate 1 LLC
—
Loan Modification
related
$10,500,000 · Comerica Bk
—
—
Anderson Real Estate 2 LLC
—
Deed Of Trust
related
$3,040,000 · Comerica 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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