This exceptional 6,889 square foot office building, located at 1212 S Walnut Street S in Fairmont, NC, presents a unique investment opportunity. Originally constructed in 1982 as a healthcare facility, the building boasts a robust structure featuring 14-foot eave height, durable masonry exterior walls, and metal and glass exterior doors and casement windows. The roof is comprised of a wood truss structure, metal roof deck, and a membrane roofing system. The functional floor plan includes a welcoming lobby and reception area, a dedicated pharmacy, three restrooms, four private offices, two storage rooms, a convenient breakroom, eleven exam rooms, a laboratory, a supply room, a conference room, an operating room, and a radiology room. Interior finishes include wood doors, VCT/ceramic tile flooring, painted gypsum and masonry interior walls, strip fluorescent lighting, 9-foot acoustical tile ceilings, and rubber baseboards. Exterior features include a covered front entrance canopy and a security alarm system. The property sits on a substantial 155,509 square foot lot, offering ample space and potential for future development. The building is of high-quality construction and offers a well-designed and efficient layout, making it ideal for a variety of uses. The asking price is $795,000.
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1212 Walnut St Fairmont, NC 28340
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.
AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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1212 Walnut St Fairmont, NC 28340
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1212 Walnut St, Fairmont, NC
BRION OXENDINE
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