Entity Owned Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
BRICK
Total area
7,270 SF
Lot
1.28 ac (55,757 SF)
Zoning code
CAC
APN
0754.07-59-1215 0051036
UPID
US53-1781669
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dental Office
-
Furniture & Home Goods
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.42M
Blend (final)
Blend
$6.48M
Owner & transaction history
since 2022
Last sale
$4.7M
6 recorded transactions
Zoning & alternative use
CAC · Morrisville, NC
Zoning description
It is intended to provide improved access to jobs and daily institutional and service needs, a compatible mix of uses, and access to a variety of transportation options
General category
CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general)
$4.3M
+27.9%
Neighborhood: shopping center
$4.0M
+19.3%
Restaurant
$3.8M
+12.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$6.48M
Value range
$5.83M – $7.12M
±10% around blend
Estimated value / SF
$891 / SF
Confidence
High
9 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
90
$5.83M
blend $6.48M
$7.12M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,270 SF
Lot area
1.28 ac
Year built
2016
Stories
1
APN
0754.07-59-1215 0051036
Zoning
CAC
Assessed value
$3,182,729
Annual tax
$27,483
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.56M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.5 mi away · 5,400 SF
12.2 mi away · 7,860 SF
12.3 mi away · 6,600 SF
17.7 mi away · 7,999 SF
18.0 mi away · 5,368 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.48M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 38 sales
$462
+93%
County 376 sales
$316
+181%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $891/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+28%
vs current-use indication
Neighborhood: Shopping Center
Restaurant
Retail Stores · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.75M
Move the market yield to see immediate price impact.
Value / SF
$653
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$299k
$5.98M
$4.27M
$3.32M
$332k
$6.64M
$4.75M
$3.69M
$365k
$7.31M
$5.22M
$4.06M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$1.10M
6.7 mi · Jan 2026 · $202/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,483
Tax year 2024
Assessed value
$3,182,729
Assessed 2024
Previous assessed
$3,182,729
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$832,992
Assessed improvement
$2,349,737
Land market value
$832,992
Improvement market value
$2,349,737
Total market value
$3,182,729
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2016
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
2
Total area
7,270 SF
Lot
1.28 ac (55,757 SF)
Zoning code
CAC
APN
0754.07-59-1215 0051036
UPID
US53-1781669
Jurisdiction
WAKE
Zoning & alternative use
CAC · Morrisville, NCZoning CAC · permitted uses
CAC · Morrisville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
It is intended to provide improved access to jobs and daily institutional and service needs, a compatible mix of uses, and access to a variety of transportation options
General category
CIVIC_INSTITUTIONAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
1.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CAC
CIVIC_INSTITUTIONAL
Jurisdiction
Morrisville, NC
Recorded code
CAC
Official district
CAC
Official district profile
What the municipal code says about CAC
Zoning description
It is intended to provide improved access to jobs and daily institutional and service needs, a compatible mix of uses, and access to a variety of transportation options
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CAC in Morrisville, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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