441 Stone MonumentWake Forest, NC 27587

  • Garden apartment buildings
  • 35,292 SF
Off market
$6,150,703 Estimated

Property Details for 441 Stone Monument

Year built
2020
Construction
FRAME
Lot size
3.21 AC
Property size (Sq ft)
35,292 SF
Zone code
GR10
Property type
Garden apartment buildings
APN
1830.04-83-3336 0492183
APU
1830048333360492183

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,110,600
    6.5%
    $11,179,000
    7%
    $10,380,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,930,800
    Geo Method
    $9,478,080
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $19,349,400
    Retail / Commercial
    $9,583,570
    Mixed-Use / Specialty
    $9,282,520
    Hospitality / Lodging
    $6,462,820
    Office
    $8,949,400
    Institutional / Educational
    $9,554,690
    Multifamily
    $14,887,000
    Automotive / Energy
    $8,189,740
    Parking / Income-Based Land
    $3,089,860
    Restaurant / Food Service
    $4,258,330
    Healthcare / Senior Housing
    $9,792,740

Location Insight

City
Wake Forest
County
Wake
State
North Carolina
Latitude
35.9564
Longitude
-78.5326
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$72,071
$750,000
$5,400,703
$6,150,703
-
$750,000
$5,400,703
$6,150,703

FAQs

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