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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Medical Office Space
120 Maynard Rd Cary, NC 27513-9615
Entity Owned
6-yr Hold
Free & Clear
Property ID
US53-2898782
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2017
Construction
BRICK
Total area
12,164 SF
Lot
1.41 ac (61,420 SF)
Zoning code
OIP
APN
0764.10-46-6986 0174455
UPID
US53-2898782
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
-
Megan Alexandra Wong Dental Office
-
Lane Kids Dentistry at NCOSO Dental Office
-
Rahul Kakkar Physician
-
Dr. Carol Iglesia Dental Office
-
Dr. Christine Kim Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.36M
Owner & transaction history
Lane Dental Properties LLC · 6 yrs held
Lane Dental Properties LLC
since 2020
Last sale
$960,000
5 recorded transactions
Zoning & alternative use
OIP · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
$1,415,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±10% · vs last sale $960k (Apr 15 2020)
Last sale anchor
$960k
Apr 15 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
$112 / 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
$24,188
Tax year 2023
Assessed value
$2,413,963
Assessed 2023
Previous assessed
$2,413,963
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$702,645
Assessed improvement
$1,711,318
Land market value
$702,645
Improvement market value
$1,711,318
Total market value
$2,413,963
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
2017
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
12,164 SF
Lot
1.41 ac (61,420 SF)
Zoning code
OIP
APN
0764.10-46-6986 0174455
UPID
US53-2898782
Jurisdiction
WAKE
Zoning & alternative use
OIP · Cary, NC
Zoning OIP · permitted uses
OIP · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
Lane Dental Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 2230, ANGIER, NC 27501-2230
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
Oct 7, 2020
—
Lane Dental Properties LLC
—
Deed
related
$24,500,000 · United Community Bank
May 18, 2020
—
Lane Dental Properties LLC
—
Deed
related
$24,500,000 · United Community Bank
Apr 15, 2020
—
Lane Dental Properties LLC
Lane St Charles Place LLC
Quit Claim Deed
—
Dec 16, 2016
—
Lane St Charles Place LLC
—
Grant Deed
related
$2,834,077 · Yadkin Bk
Jun 29, 2016
$960,000
Lane St Charles Place LLC
Jordan,george H III & Melba H
Grant Deed
$930,000 · George H III Jordan
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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