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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Medical Office Space
1111 Pollock St Selma, NC 27576-2933
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-1922551
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Total area
4,033 SF
Lot
1.35 ac (58,806 SF)
Zoning code
COM
APN
14046010
UPID
US53-1922551
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
-
Riccobene Associates Family Dentistry Dental Office
-
Goldstein Tracy G DDS Dental Office
-
Brush and Floss Pediatric Dentistry Dental Office
-
Riccobene Michael DDS Dental Office
-
Sipe Anna L DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$650k
Owner & transaction history
Praise Properties INC
Praise Properties INC
1 recorded transaction
Zoning & alternative use
COM · Selma, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$675,000
+14.9%
Retail stores
$645,000
+10.0%
Auto repair, garage
$615,000
+4.6%
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 Selma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selma 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%
$940,000
6.5%
$870,000
7%
$805,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$585,000
Current use
OFFICE BUILDING
$675,000
Change: +15% · Conversion: Easy
RETAIL STORES
$645,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: +5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$161 / 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
Tax billed
$19,457
Tax year 2024
Assessed value
$1,532,040
Assessed 2024
Previous assessed
$1,532,040
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$385,510
Assessed improvement
$1,146,530
Land market value
$385,510
Improvement market value
$1,146,530
Total market value
$1,532,040
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
2001
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Bathrooms
2
Total area
4,033 SF
Lot
1.35 ac (58,806 SF)
Zoning code
COM
APN
14046010
UPID
US53-1922551
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Selma, NC
Zoning COM · permitted uses
COM · Selma, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Selma. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$585,000
OFFICE BUILDING
Est. value
$675,000
RETAIL STORES
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$615,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
MEDICAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Bathrooms
2
Lot
1.35 ac
Current owner
From public records · entity-resolved
Praise Properties INC
Entity
Mailing address
3434 KILDAIRE FARM RD STE #350, CARY, NC 27518-2205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Praise Properties INC
—
Deed Of Trust
related
$629,000 · Branch Bk&tr
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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