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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Medical Office Space
100 Professional Dr, Reidsville, NC 27320-7173
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0859510
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
3,457 SF
Lot
0.58 ac (25,265 SF)
Zoning code
HWY BUS REIDSVILLE
APN
7994-19-51-6834-00
UPID
US53-0859510
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
-
Doctors Vision Center Eye Care Center Optometrist
-
MyEyeDr. Eye Care Center Contact Lenses Supplier
-
Mark Cotter, OD Ophthalmologist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
James H Dowdy JR · 2 yrs held
James H Dowdy JR
since 2024
Last sale
$945,000
3 recorded transactions
Zoning & alternative use
HWY BUS REIDSVILLE · Reidsville, 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 Reidsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reidsville 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
$945,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $945k (Jun 10 2024)
Last sale anchor
$945k
Jun 10 2024
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
$273 / 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
$7,365
Tax year 2023
Assessed value
$513,625
Assessed 2023
Previous assessed
$513,625
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$108,000
Assessed improvement
$405,625
Land market value
$108,000
Improvement market value
$405,625
Total market value
$513,625
Applied tax rate
101.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
3,457 SF
Lot
0.58 ac (25,265 SF)
Zoning code
HWY BUS REIDSVILLE
APN
7994-19-51-6834-00
UPID
US53-0859510
Jurisdiction
ROCKINGHAM
Zoning & alternative use
HWY BUS REIDSVILLE · Reidsville, NC
Zoning HWY BUS REIDSVILLE · permitted uses
HWY BUS REIDSVILLE · Reidsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reidsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
James H Dowdy JR
Individual
Mailing address
7022 WESTFIELD, SUMMERFIELD, NC 27358
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2024
$945,000
James H Dowdy JR
Reidsville Building Group LLC
Special Warranty Deed
—
May 10, 2005
$123,000
Reidsville Building Group LLC
Britt,charles A & Susan D
Warranty Deed
—
—
—
Reidsville Building Group LLC
—
Deed Of Trust
related
$500,000 · Rbc Centura Bank
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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