Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
9825 Chapel Hl Rd Morrisville, NC 27560-9396
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-0275983
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1995
Construction
BRICK
Total area
2,650 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CAC
APN
0754.01-49-2939 0157598
UPID
US53-0275983
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dorylu-morrisville LLC · 8 yrs held
Dorylu-morrisville LLC
since 2017
7 recorded transactions
Zoning & alternative use
CAC · Morrisville, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,735
Tax year 2023
Assessed value
$1,364,408
Assessed 2023
Previous assessed
$1,364,408
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$641,694
Assessed improvement
$722,714
Land market value
$641,694
Improvement market value
$722,714
Total market value
$1,364,408
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1995
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,650 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CAC
APN
0754.01-49-2939 0157598
UPID
US53-0275983
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.
Building & site characteristics
From public records
Year built
1995
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Dorylu-morrisville LLC
Entity
Mailing address
2308 HANIMAN PARK DR, CARY, NC 27513-8324
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
—
Radha Properties LLC
—
Deed
related
$500,000 · Townebank
Dec 29, 2017
—
Dorylu-morrisville LLC
Medwin,jonathan D
Warranty Deed
related
—
Sep 25, 2017
—
Radha Properties LLC
—
Deed
related
—
Aug 11, 2016
—
Radha Properties LLC
—
Deed
related
—
Jul 15, 2010
—
Radha Properties LLC
Patel,piyush C & Sulbha P
Warranty Deed
related
—
—
—
Piyush C Patel
—
Deed Of Trust
related
$100,000 · Paragon Commercial Bank
—
—
Piyush C Patel
—
Deed Of Trust
related
$300,000 · Paragon Commercial Bank
—
—
Radha Properties LLC
—
Loan Modification
related
—
—
—
Radha Properties LLC
—
Loan Modification
related
—
—
—
Radha Properties LLC
—
Deed Of Trust
related
$320,150 · Paragon Com'l 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9825 Chapel Hl Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
