Property profile

127 Fidelity St Carrboro, NC 27510

OFF-MARKET
Office buildings
Property ID
US53-1642078
4,000 SF 0.58 ac lot Built 1981
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,000 square foot medical office building presents a compelling investment opportunity in the thriving Carrboro, North Carolina market. Situated on a 0.58-acre lot, this single-story building, constructed in 1981 and extensively renovated in 2008, features a modern interior design. The property includes nine offices and seven exam rooms, making it ideally suited for a variety of medical practices. Its convenient location offers easy access to local amenities, including restaurants and shops within walking distance, and is less than two miles from the University of North Carolina's main campus. The building benefits from solar panels and ample parking. The property is zoned B3 (Neighborhood Business) and has an asking price of $1,600,000, translating to $400 per square foot. This stand-alone building offers a unique chance to acquire a well-maintained, income-producing asset in a high-demand area. The property's proximity to UNC Chapel Hill, a rapidly expanding hub for residential, retail, office, and life science development, further enhances its long-term investment potential. The property's APN is 9778566693.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 4,000 SF
Lot 0.58 ac (25,265 SF)
Zoning code B3/R10
APN 9778-56-6693
UPID US53-1642078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Pediatrician Medical Clinic
  • Physician
  • Medical Clinic

Location

127 Fidelity St Carrboro, NC 27510-2002
Carrboro metro Census 10707 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.02M
Comparable Approach Comparable
$764k
Blend (final) Blend
$930k

Owner & transaction history

since 2007
4 recorded transactions
2007
$775,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B3/R10 · Carrboro, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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