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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Medical Office Space
1140 Broad St, Fuquay Varina, NC 27526-1961
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-1777602
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Construction
BRICK
Total area
3,819 SF
Lot
1.41 ac (61,420 SF)
Zoning code
CC
APN
0667.04-50-5716 0297292
UPID
US53-1777602
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
-
SunTrust Bank Loan Service
-
Olutoyosi Coker, DMD Dental Office
-
Rishi Shah, DDS Dental Office
-
Liji M. Joseph, DMD Dental Office
-
Dental Care of Fuquay-Varina Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$805k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
1140 E Broad Street LLC · 8 yrs held
1140 E Broad Street LLC
since 2018
7 recorded transactions
Zoning & alternative use
CC · Fuquay Varina, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+6.3%
Commercial (general)
$1.3M
+2.4%
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 Fuquay Varina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fuquay Varina 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%
$870,000
6.5%
$805,000
7%
$745,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,240,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,270,000
Change: +2% · Conversion: Easy
RETAIL STORES
$1,065,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$212 / 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
$10,049
Tax year 2023
Assessed value
$1,107,932
Assessed 2023
Previous assessed
$1,107,932
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$429,940
Assessed improvement
$677,992
Land market value
$429,940
Improvement market value
$677,992
Total market value
$1,107,932
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
2010
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,819 SF
Lot
1.41 ac (61,420 SF)
Zoning code
CC
APN
0667.04-50-5716 0297292
UPID
US53-1777602
Jurisdiction
WAKE
Zoning & alternative use
CC · Fuquay Varina, NC
Zoning CC · permitted uses
CC · Fuquay Varina, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fuquay Varina. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2010
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
1140 E Broad Street LLC
Entity
Mailing address
1200 NETWORK CTR DR STE #200, EFFINGHAM, IL 62401-4602
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
—
1140 E Broad Street LLC
—
Deed
related
$1,250,000 · Silicon Valley Bank
Feb 1, 2018
—
1140 E Broad Street LLC
—
Deed
related
$600,000 · First Internet Bk/in
Jan 19, 2018
$1,205,000
1140 E Broad Street LLC
Fine Realty Investments I LLC
Grant Deed
$600,000 · Centercorp Retail Props INC
Apr 13, 2012
$1,143,000
Fine Realty Investments I LLC
Nc Income Properties Lllp
Grant Deed
—
Jun 15, 2009
$29,000
Nc Income Properties
Nc Land
Grant Deed
—
May 23, 2005
—
Nc Land
Main Street Station Of Nc
Grant Deed
related
—
—
—
Fine Realty Investments I LLC
—
Deed Of Trust
related
$499,900 · Suntrust Bk
—
—
1140 E Broad Street LLC
—
Deed Of Trust
related
$600,000 · First Internet Bk/in
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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