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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Office Spaces
1013 Spg Ln, Sanford, NC 27330-3459
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US53-2599246
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1999
Total area
8,772 SF
Lot
1.1 ac (47,916 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
9643-01-4895-00
UPID
US53-2599246
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
-
Sanford Pediatric Dentistry Dental Office
-
Dr. Brandon Knockum Medical Clinic
-
Dr. Antonio Braithwaite Dental Office
-
Nicole Nelson Dental Office
-
Nicole Harris Nelson Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.53M
Owner & transaction history
Spd Reality LLC · 15 yrs held
Spd Reality LLC
since 2011
5 recorded transactions
Zoning & alternative use
HIGHWAY COMMERCIAL · Sanford, 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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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%
$1,535,000
6.5%
$1,420,000
7%
$1,315,000
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±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
$174 / 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
$17,616
Tax year 2023
Assessed value
$1,486,600
Assessed 2023
Previous assessed
$1,486,600
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$287,500
Assessed improvement
$1,199,100
Land market value
$287,500
Improvement market value
$1,199,100
Total market value
$1,486,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1999
Heating
YES
Cooling
NONE
Stories
1
Total area
8,772 SF
Lot
1.1 ac (47,916 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
9643-01-4895-00
UPID
US53-2599246
Jurisdiction
LEE
Zoning & alternative use
HIGHWAY COMMERCIAL · Sanford, NC
Zoning HIGHWAY COMMERCIAL · permitted uses
HIGHWAY COMMERCIAL · Sanford, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
YES
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Spd Reality LLC
Entity
Mailing address
1013 SPG LN, SANFORD, NC 27330-3459
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
—
Spd Realty LLC
—
Deed
related
$700,000 · First Citizens Bank & Trust Co
May 18, 2020
—
Spd Realty LLC
—
Deed
related
$1,377,000 · First Citizens Bank & Trust Co
Mar 10, 2017
—
Spd Realty LLC
—
Deed
related
$830,447 · Capital Bank Corporation
May 27, 2011
$325,000
Spd Reality LLC
Ge Commercial Finance Business Prop
Special Warranty Deed
$308,750 · Capital Bank
Dec 23, 2010
$275,682
Coml Finance Business Pro Ge
Mann Barry D
Trustees 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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