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Property profile & analytics
OFF-MARKET
Medical Office Space
101 Carey St La Grange, NC 28551-1805
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-2680481
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Total area
5,760 SF
Lot
0.75 ac (32,670 SF)
Zoning code
HC
APN
356606370871
UPID
US53-2680481
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
-
La Grange Medical Center Medical Clinic
-
ECU Health Family Medicine - La Grange Pediatrician Physician
-
Carl L. Haynes Jr., MD Pediatrician Physician
-
Marjorie Rachide Physician
-
Laura W Shearer, FNP Physician
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
Pcmh Management INC · 8 yrs held
Pcmh Management INC
since 2018
1 recorded transaction
Zoning & alternative use
HC · La Grange, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(I) HC: Highway Commercial District The purpose of this district shall be to provide for and encourage the proper grouping and development of commercial uses and larger scale developments intended to cater mostly to vehicular traffic outside of the traditional downtown commercial area. (J) LI: Light Industrial District The purpose of this district shall be t…
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
268.29 ac
Source
Town of La Grange
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 La Grange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Grange 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,921
Tax year 2024
Assessed value
$502,593
Assessed 2024
Previous assessed
$502,593
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$60,000
Assessed improvement
$442,593
Land market value
$60,000
Improvement market value
$442,593
Total market value
$502,593
Applied tax rate
155.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2001
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
5,760 SF
Lot
0.75 ac (32,670 SF)
Zoning code
HC
APN
356606370871
UPID
US53-2680481
Jurisdiction
LENOIR
Zoning & alternative use
HC · La Grange, NCZoning HC · permitted uses
HC · La Grange, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(I) HC: Highway Commercial District The purpose of this district shall be to provide for and encourage the proper grouping and development of commercial uses and larger scale developments intended to cater mostly to vehicular traffic outside of the traditional downtown commercial area. (J) LI: Light Industrial District The purpose of this district shall be to create and protect areas for those industrial uses which do not create excessive noise, odor, smoke, dust, and which do not possess oth er objectionable characteristics which might be detrimental to surrounding neighborhoods or to the other uses permitted in this district. (K) HI: Heavy Industrial District The purpose of this district shall be to provide areas for those industrial and business uses which create excessive amounts of noise, odor, smoke, or dust. Zoning Map
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
268.29 ac
Source
Town of La Grange
Building & site characteristics
From public records
Year built
2001
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Pcmh Management INC
Entity
Free & Clear · 8 yrs held
Mailing address
2100 STANTONSBURG RD, GREENVILLE, NC 27834-2818
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2018
$1,725,000
Pcmh Management INC
Kms Physicians Properties LLC
Grant Deed
—
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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