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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Medical Office Space
1008 Big Oak Ct Ste A, Knightdale, NC 27545-6566
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1007526
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
FRAME
Total area
2,142 SF
Zoning code
NMX
APN
1744.03-44-7770 0267001
UPID
US53-1007526
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
-
Wake Spine And Disc Alternative Medicine Practice
-
Angela Mclean Marriage Or Relationship Counselor
-
Advance Empowerment Community Services Crisis Center Medical Clinic
-
Axiom Dentistry Knightdale Dental Office
-
Sylvan Learning of Knightdale Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
$450k
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$660k
Owner & transaction history
Chiropractic Properties LLC · 3 yrs held
Chiropractic Properties LLC
since 2023
Last sale
$650,000
3 recorded transactions
Zoning & alternative use
NMX · Knightdale, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$740,000
+6.3%
Commercial (general)
$715,000
+2.4%
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 Knightdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knightdale 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
$670,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
$490,000
6.5%
$450,000
7%
$420,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$695,000
Current use
AUTO REPAIR, GARAGE
$740,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +2% · Conversion: Easy
RETAIL STORES
$680,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $650k (Apr 26 2023)
Last sale anchor
$650k
Apr 26 2023
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
$308 / 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
$4,157
Tax year 2023
Assessed value
$375,546
Assessed 2023
Previous assessed
$375,546
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed improvement
$375,546
Improvement market value
$375,546
Total market value
$375,546
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
1994
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,142 SF
Zoning code
NMX
APN
1744.03-44-7770 0267001
UPID
US53-1007526
Jurisdiction
WAKE
Zoning & alternative use
NMX · Knightdale, NC
Zoning NMX · permitted uses
NMX · Knightdale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Knightdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$715,000
RETAIL STORES
Est. value
$680,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Chiropractic Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5708 CASTLEBROOK DR, RALEIGH, NC 27604-5922
Ownership since
2023
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
Apr 26, 2023
$6,500
Chiropractic Properties LLC
Pamela K Critoria
Warranty Deed
—
Oct 26, 2006
$355,000
Critoria,floyd S & Pamela K
Twenty-twenty Dev LLC
Warranty Deed
$319,500 · Capital Bk
Aug 26, 2004
—
Twenty-twenty Dev LLC
Toler,robert L & Sylvia G
Grant Deed
related
—
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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