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Property profile & analytics
OFF-MARKET
Medical Office Space
111 Doctors Park Lincolnton, NC 28092-4407
Individually Owned
12-yr Hold
Free & Clear
Property ID
US53-0889500
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,633 SF
Lot
0.31 ac (13,634 SF)
Zoning code
O-I
APN
544
UPID
US53-0889500
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
-
Lincoln Dental Services: Scott Cordell DDS Dental Office
-
Kintegra Family Dentistry Dental Office
-
Schneider Robert M DDS Dental Office
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
Lincoln Cnty Dental Health Svc · 12 yrs held
Lincoln Cnty Dental Health Svc
since 2014
6 recorded transactions
Zoning & alternative use
O-I · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-10 Single-Family Medium Density Residential District 153.108 R-8 Single and Two-Family Medium Density Residential District 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114 CBT Central Busine…
Zone name
Office Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
293.85 ac
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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
Tax billed
$240
Tax year 2023
Assessed value
$448,181
Assessed 2023
Previous assessed
$448,181
+0.0% YoY
Effective rate
0.05%
On assessed value
Assessed land
$64,488
Assessed improvement
$383,693
Land market value
$64,488
Improvement market value
$383,693
Total market value
$448,181
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
2,633 SF
Lot
0.31 ac (13,634 SF)
Zoning code
O-I
APN
544
UPID
US53-0889500
Jurisdiction
LINCOLN
Zoning & alternative use
O-I · Lincolnton, NCZoning O-I · permitted uses
O-I · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-10 Single-Family Medium Density Residential District 153.108 R-8 Single and Two-Family Medium Density Residential District 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highwa
Zone name
Office Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
293.85 ac
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Lincoln Cnty Dental Health Svc
Individual
Free & Clear · 12 yrs held
Mailing address
1104 SPRUCE ST, BELMONT, NC 28012-4234
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2020
—
Lincoln Dental Services INC
—
Deed
related
$1,350,000 · Blueharbor Bank
Dec 31, 2019
—
Lincoln Dental Services INC
—
Deed
related
$1,900,000 · Blueharbor Bk
Jun 2, 2014
$470,000
Lincoln Cnty Dental Health Svc
Pence,janet I & Richard R
Warranty Deed
—
Nov 3, 2003
—
Janet I Pence
—
Deed Of Trust
related
—
—
—
Lincoln Dental Services INC
—
Deed Of Trust
related
$150,000 · First Citizens Bk
—
—
Lincoln Dental Services INC
—
Deed Of Trust
related
$1,900,000 · Blueharbor Bk
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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