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Property profile & analytics
OFF-MARKET
Medical Office Space
105 Medical Park Dr Lexington, NC 27292
Individually Owned
18-yr Hold
Free & Clear
Property ID
US53-1606896
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
STEEL FRAME
Total area
16,242 SF
Lot
1.56 ac (67,954 SF)
Zoning code
PD
APN
11-343-F-000-0008
UPID
US53-1606896
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
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
Cancer Ctr Of Davidson Cnty In · 18 yrs held
Cancer Ctr Of Davidson Cnty In
since 2008
3 recorded transactions
Zoning & alternative use
PD · Lexington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Planned Development Zoning District
General category
PLANNED_DEVELOPMENT
Zone area
185.48 ac
Source
Realmo
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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 2023Property tax & assessments
Tax year 2023
Assessed value
$1,931,310
Assessed 2023
Previous assessed
$1,931,310
+0.0% YoY
Land market value
$407,720
Improvement market value
$1,523,590
Total market value
$1,931,310
Applied tax rate
11.0000
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
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
14
Total area
16,242 SF
Lot
1.56 ac (67,954 SF)
Zoning code
PD
APN
11-343-F-000-0008
UPID
US53-1606896
Jurisdiction
DAVIDSON
Zoning & alternative use
PD · Lexington, NCZoning PD · permitted uses
PD · Lexington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Planned Development Zoning District
General category
PLANNED_DEVELOPMENT
Zone area
185.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
14
Lot
1.56 ac
Current owner
From public records · entity-resolved
Cancer Ctr Of Davidson Cnty In
Individual
Free & Clear · 18 yrs held
Ownership since
2008
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
Jul 8, 2008
—
Cancer Ctr Of Davidson Cnty In
Owner Name Unavailable
Warranty Deed
related
—
Jun 18, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 15, 2008
—
Lexproperties INC
Lexington Memorial Hosp INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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