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Property profile & analytics
OFF-MARKET
Estimated value
$9,345,000
Commercial real estate
975 Walnut St Cary, NC 27511-4229
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1971986
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1975
Total area
55,409 SF
Lot
2.5 ac (108,900 SF)
Zoning code
GC
APN
0763.12-96-7625 0080867
UPID
US53-1971986
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
-
Primerica Insurance Agency
-
Axiom Consulting, LLC Consultant
-
Access Massage & Wellness Alternative Medicine Practice Spa & Massage Center
-
Professional Therapeutics Alternative Medicine Practice Spa & Massage Center
-
Adcom Worldwide Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.59M
Comparable Approach
Comparable
$6.74M
Blend (final)
Blend
$9.35M
Owner & transaction history
Village Square LLC · 6 yrs held
Village Square LLC
since 2019
6 recorded transactions
Zoning & alternative use
GC · Cary, 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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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%
$11,470,000
6.5%
$10,585,000
7%
$9,830,000
Blend value · Realmo final
$9.35M
Range $8.41M – $10.28M · ±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
$169 / 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
$18,831
Tax year 2023
Assessed value
$1,879,380
Assessed 2023
Previous assessed
$1,879,380
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,818,630
Assessed improvement
$60,750
Land market value
$1,818,630
Improvement market value
$60,750
Total market value
$1,879,380
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
55,409 SF
Lot
2.5 ac (108,900 SF)
Zoning code
GC
APN
0763.12-96-7625 0080867
UPID
US53-1971986
Jurisdiction
WAKE
Zoning & alternative use
GC · Cary, NC
Zoning GC · permitted uses
GC · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
2.5 ac
Current owner
From public records · entity-resolved
Village Square LLC
Entity
Mailing address
2108 CLARK AVE, RALEIGH, NC 27605-1606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2019
—
Village Square LLC
—
Grant Deed
related
$15,100,000 · Pinnacle Bk
Jul 11, 2017
—
Raleigh Funding Group INC
—
Deed
related
$80,500 · Fidelity Bk
Jan 12, 2015
—
Village Square LLC
—
Grant Deed
related
$1,200,000 · Bank Of Nc
Nov 5, 2014
—
Gtt Corp
—
Loan Modification
related
$6,950,000 · Bank Of Nc
Apr 30, 2013
—
Village Square LLC
—
Grant Deed
related
$6,950,000 · Bank Of Nc
—
—
Raleigh Funding Group INC
—
Deed Of Trust
related
$80,500 · Fidelity 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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