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Property profile & analytics
OFF-MARKET
Estimated value
$2,760,000
Retail space
9705 Bitter Melon Dr, Angier, NC 27501
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1494086
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
METAL FRAME
Total area
14,416 SF
Lot
1.61 ac (70,132 SF)
Zoning code
GC
APN
0675.03-41-9379 0364143
UPID
US53-1494086
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
$3.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$2.76M
Owner & transaction history
Vaviala Estates LLC · 4 yrs held
Vaviala Estates LLC
since 2022
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
GC · Angier, 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 Angier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Angier 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
$3,395,000
ML approach
$3,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,560,000
Current use
Blend value · Realmo final
$2.76M
Range $2.48M – $3.04M · ±10% · vs last sale $2.49M (Jun 10 2022)
Last sale anchor
$2.49M
Jun 10 2022
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
$191 / 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
$16,363
Tax year 2023
Assessed value
$1,339,030
Assessed 2023
Previous assessed
$1,339,030
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$420,792
Assessed improvement
$918,238
Land market value
$420,792
Improvement market value
$918,238
Total market value
$1,339,030
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,416 SF
Lot
1.61 ac (70,132 SF)
Zoning code
GC
APN
0675.03-41-9379 0364143
UPID
US53-1494086
Jurisdiction
WAKE
Zoning & alternative use
GC · Angier, NC
Zoning GC · permitted uses
GC · Angier, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Angier. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.6M
RETAIL STORES 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
2008
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Vaviala Estates LLC
Entity
Free & Clear · 4 yrs held
Mailing address
421 CHARLEVILLE CT, CARY, NC 27519-6494
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
$2,490,000
Vaviala Estates LLC
Kdc Capial LLC
Warranty Deed
—
Oct 11, 2019
$1,550,000
Kdc Capital LLC
Mb Ventures LLC
Warranty Deed
$1,162,500 · Pinnacle Bk
Nov 19, 2013
—
M B Ventures LLC
Cw Three LLC
Warranty Deed
related
$1,225,000 · Assurity Life Insurance Co
Oct 3, 2007
—
Cw Three LLC
Owner,record
Grant Deed
related
—
—
—
Cw Three LLC
—
Deed Of Trust
related
$135,000 · Four Oaks 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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