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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Auto shops
9515 Chapel Hl Rd, Morrisville, NC 27560-7359
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1975140
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Construction
BRICK
Total area
5,040 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CAC
APN
0754.07-68-8006 0222674
UPID
US53-1975140
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
$2.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$1.89M
Owner & transaction history
Mary,c Tadych Living Trust · 5 yrs held
Mary,c Tadych Living Trust
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
CAC · Morrisville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+39.9%
Neighborhood: shopping center
$2.8M
+30.4%
Restaurant
$2.6M
+23.3%
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 Morrisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrisville 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
$2,060,000
ML approach
$2,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,130,000
Current use
COMMERCIAL (GENERAL)
$2,980,000
Change: +40% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,775,000
Change: +30% · Conversion: Difficult
RESTAURANT
$2,625,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$2,330,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$1,735,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10% · vs last sale $1.45M (Dec 1 2020)
Last sale anchor
$1.45M
Dec 1 2020
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
$375 / 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
$14,109
Tax year 2023
Assessed value
$1,314,183
Assessed 2023
Previous assessed
$1,314,183
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$437,517
Assessed improvement
$876,666
Land market value
$437,517
Improvement market value
$876,666
Total market value
$1,314,183
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Construction
BRICK
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
5,040 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CAC
APN
0754.07-68-8006 0222674
UPID
US53-1975140
Jurisdiction
WAKE
Zoning & alternative use
CAC · Morrisville, NC
Zoning CAC · permitted uses
CAC · Morrisville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RESTAURANT
Est. value
$2.6M
RETAIL STORES
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
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
SPACE
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Mary,c Tadych Living Trust
Trust
Mailing address
1218 BALLERINA LN, DURHAM, NC 27703-4685
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
$1,450,000
Mary,c Tadych Living Trust
Hazeyray Shores LLC
Grant Deed
—
Dec 1, 2020
—
Tadych,mary C Living Trust
—
Deed
related
$1,087,500 · Towne Bk
Jul 18, 2019
$1,320,000
Hazeyray Shores LLC
Heritage III LLC
Grant Deed
$990,000 · Towne Bk
Sep 16, 2003
$337,500
Heritage III LLC
—
Grant Deed
related
—
Sep 15, 2003
$337,500
Heritage III LLC
Park Place Kpt L
Grant Deed
—
—
—
Heritage III LLC
—
Loan Modification
related
$513,751 · Paragon Com'l Bk
—
—
Heritage III LLC
—
Deed Of Trust
related
$595,000 · Wachovia Bank NA
—
—
Heritage III LLC
—
Deed Of Trust
related
$540,000 · Paragon Com'l Bk
—
—
Tadych,mary C Living Trust
—
Deed Of Trust
related
$1,087,500 · Towne 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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