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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office buildings
933 Old Knight Rd Knightdale, NC 27545-9065
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-1312926
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
BRICK
Total area
4,695 SF
Lot
0.76 ac (33,106 SF)
Zoning code
NMX
APN
1754.07-57-9836 0191264
UPID
US53-1312926
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
-
JV Management Business Management Consultant
-
Herring Homes Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$914k
Blend (final)
Blend
$935k
Owner & transaction history
Camp Kanata Dev LLC · 5 yrs held
Camp Kanata Dev LLC
since 2021
7 recorded transactions
Zoning & alternative use
NMX · Knightdale, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+61.8%
Retail stores
$1.5M
+57.6%
Warehouse, storage
$985,000
+4.5%
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 Knightdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knightdale 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,280,000
6.5%
$1,185,000
7%
$1,100,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$945,000
Current use
MEDICAL BUILDING
$1,525,000
Change: +62% · Conversion: Easy
RETAIL STORES
$1,485,000
Change: +58% · Conversion: Moderate
WAREHOUSE, STORAGE
$985,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±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
$199 / 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
$7,061
Tax year 2023
Assessed value
$637,880
Assessed 2023
Previous assessed
$637,880
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$148,978
Assessed improvement
$488,902
Land market value
$148,978
Improvement market value
$488,902
Total market value
$637,880
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
2004
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
4,695 SF
Lot
0.76 ac (33,106 SF)
Zoning code
NMX
APN
1754.07-57-9836 0191264
UPID
US53-1312926
Jurisdiction
WAKE
Zoning & alternative use
NMX · Knightdale, NC
Zoning NMX · permitted uses
NMX · Knightdale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Knightdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$945,000
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$985,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2004
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Camp Kanata Dev LLC
Entity
Free & Clear · 5 yrs held
Mailing address
933 OLD KNIGHT RD, KNIGHTDALE, NC 27545-9065
Mailing matches property
Yes
Owner-occupied
Yes
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
Jan 15, 2021
—
Camp Kanata Dev LLC
Jordans Construction INC
Grant Deed
related
—
Dec 17, 2020
—
Leaves LLC
—
Deed
related
$15,000,000 · Atlantic Union Bk
Nov 23, 2020
—
Leaves LLC
—
Deed Of Trust
related
$362,605 · United Cmnty Bk
Jul 26, 2019
$1,008,000
264 Dev LLC
264 Investments LLC
Warranty Deed
related
—
Dec 11, 2013
$375,000
Mybecs 3 LLC
Johnny Watson Builders INC
Warranty Deed
$249,000 · Four Oaks Bank & Trust Co
—
—
Jordans Construction INC
—
Loan Modification
related
—
—
—
Leaves LLC
—
Deed Of Trust
related
$15,000,000 · Atlantic Union 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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