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Property profile & analytics
OFF-MARKET
Estimated value
$3,885,000
Medical Office Space
101 Donald Ross Dr, Raleigh, NC 27610-2593
Entity Owned
19-yr Hold
Free & Clear
Property ID
US53-1395405
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1965
Construction
BRICK
Total area
19,352 SF
Lot
2.99 ac (130,244 SF)
Zoning code
OX-3
APN
1723.05-19-0996 0090455
UPID
US53-1395405
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
-
Alliance Medical Ministry Medical Clinic
-
Praise Him Fellowship Church Mosque
-
Joyner Sheryl S MD Physician
-
Teen Center Club Child Welfare Organization Charitable Organization
-
Dr. Joshua Mcconaghay Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.17M
Comparable Approach
Comparable
$5.12M
Blend (final)
Blend
$3.89M
Owner & transaction history
Alliance Medical Ministry INC · 19 yrs held
Alliance Medical Ministry INC
since 2007
7 recorded transactions
Zoning & alternative use
OX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.3M
+2.9%
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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,510,000
6.5%
$4,165,000
7%
$3,865,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,105,000
Current use
COMMERCIAL (GENERAL)
$6,275,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,705,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$5,595,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$3.89M
Range $3.50M – $4.27M · ±10%
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
$201 / 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
Assessed value
$3,357,766
Assessed 2023
Previous assessed
$3,357,766
+0.0% YoY
Assessed land
$1,172,196
Assessed improvement
$2,185,570
Land market value
$1,172,196
Improvement market value
$2,185,570
Total market value
$3,357,766
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
1965
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
19,352 SF
Lot
2.99 ac (130,244 SF)
Zoning code
OX-3
APN
1723.05-19-0996 0090455
UPID
US53-1395405
Jurisdiction
WAKE
Zoning & alternative use
OX-3 · Raleigh, NC
Zoning OX-3 · permitted uses
OX-3 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.7M
RETAIL STORES
Est. value
$5.6M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1965
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.99 ac
Current owner
From public records · entity-resolved
Alliance Medical Ministry INC
Entity
Free & Clear · 19 yrs held
Mailing address
101 DONALD ROSS DR, RALEIGH, NC 27610-2593
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2018
—
Alliance Medical Ministry INC
—
Deed
related
—
Feb 5, 2014
—
Alliance Medical Ministry INC
—
Trustees Deed
related
$300,000 · Paragon Com'l Bk
Feb 7, 2011
—
Alliance Medical Ministry INC
—
Trustees Deed
related
$650,000 · Paragon Com'l Bk
Jan 2, 2007
$2,300,000
Alliance Medical Ministry INC
Campbell Property Group INC
Warranty Deed
—
Jun 15, 2005
$1,089,000
Campbell Dev INC
Hope Fellowship Baptist Church
Warranty Deed
$950,000 · Wachovia Bk/ga
Apr 16, 2001
—
Hope Followship Baptist Ch
Calvary Baptist
Grant Deed
related
—
—
—
Alliance Medical Ministry INC
—
Loan Modification
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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