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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Medical Office Space
108 Creekside Dr Boiling Springs, NC 28017
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-5163037
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
8,451 SF
Lot
2.92 ac (127,021 SF)
Zoning code
B1
APN
1433
UPID
US53-5163037
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
$2.30M
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.99M
Owner & transaction history
Dialysis Clinic INC · 5 yrs held
Dialysis Clinic INC
since 2020
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
B1 · Boiling Springs, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+62.7%
Restaurant
$1.7M
+44.0%
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 Boiling Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boiling Springs 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
$1,980,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
$1,715,000
6.5%
$1,585,000
7%
$1,470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,890,000
Change: +63% · Conversion: Easy
RESTAURANT
$1,675,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±10% · vs last sale $2.03M (Dec 29 2020)
Last sale anchor
$2.03M
Dec 29 2020
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
$235 / 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 2024Property tax & assessments
Tax year 2024
Assessed value
$1,098,139
Assessed 2024
Previous assessed
$1,098,139
+0.0% YoY
Assessed land
$140,610
Assessed improvement
$957,529
Land market value
$140,610
Improvement market value
$957,529
Total market value
$1,098,139
Applied tax rate
2.0000
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
2007
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
8,451 SF
Lot
2.92 ac (127,021 SF)
Zoning code
B1
APN
1433
UPID
US53-5163037
Jurisdiction
CLEVELAND
Zoning & alternative use
B1 · Boiling Springs, NCZoning B1 · permitted uses
B1 · Boiling Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.9M
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
RESTAURANT
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
2007
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
Dialysis Clinic INC
Entity
Free & Clear · 5 yrs held
Mailing address
1633 CHURCH ST STE #500, NASHVILLE, TN 37203-2948
Ownership since
2020
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
Dec 29, 2020
$2,025,000
Dialysis Clinic INC
Ai Management Group LLC
Warranty Deed
—
Dec 18, 2006
$144,500
Ai Management Group LLC
Dialysis Clinic INC
Grant Deed
related
$1,631,700 · First Nat'l Bk/sterling City
Nov 23, 2005
$142,500
Dialysis Clinic INC
Ktl
Warranty Deed
related
—
—
—
Ai Management Group LLC
—
Loan Modification
related
$1,399,905 · First National Bank Shelby
—
—
Al Management Group LLC
—
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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