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Property profile & analytics
OFF-MARKET
Estimated value
$2,845,000
Medical Office Space
132 Foy Dr, Rocky Mount, NC 27804-2417
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-2739540
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
BRICK
Total area
7,304 SF
Lot
0.96 ac (41,818 SF)
Zoning code
I
APN
384006-38-2063
UPID
US53-2739540
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
-
Solstas Lab Partners Medical Laboratory
-
Neal Adkins MD Physician
-
PORT HEALTH | Rocky Mount Clinic Medical Clinic
-
Adrienne Emery-Ramirez Physician
-
Larry High Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.85M
Owner & transaction history
Martin-moyer Enterprises LLC
Martin-moyer Enterprises LLC
since 2026
5 recorded transactions
Zoning & alternative use
I · Rocky Mount, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.2M
+17.5%
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 Rocky Mount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Mount 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
$2,985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,755,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,240,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,345,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.85M
Range $2.56M – $3.13M · ±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
$390 / 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
$5,548
Tax year 2024
Assessed value
$818,910
Assessed 2024
Previous assessed
$818,910
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$130,380
Assessed improvement
$688,530
Land market value
$130,380
Improvement market value
$688,530
Total market value
$818,910
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
BRICK
Heating
NONE
Cooling
YES
Total area
7,304 SF
Lot
0.96 ac (41,818 SF)
Zoning code
I
APN
384006-38-2063
UPID
US53-2739540
Jurisdiction
NASH
Zoning & alternative use
I · Rocky Mount, NC
Zoning I · permitted uses
I · Rocky Mount, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Mount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1978
Construction
BRICK
Heating
NONE
Cooling
Yes
Lot
0.96 ac
Current owner
From public records · entity-resolved
Martin-moyer Enterprises LLC
Entity
Mailing address
429 S HUGHES BLVD, ELIZABETH CITY, NC 27909-4526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Apr 1, 2026
$950,000
Martin-moyer Enterprises LLC
Twiford Rmwh LLC
Special Warranty Deed
$1,926,750 · Southern Bank & Trust Co
Feb 11, 2026
—
Twiford Rmwh LLC
Twiford IV LLC
Deed
related
—
Jan 16, 2014
—
Twiford Rmwh LLC
Twiford IV LLC
Warranty Deed
—
Aug 22, 2013
$1,025,000
Twiford IV LLC
Rocky Mount Medical Investment Part
Warranty Deed
—
Jul 1, 2005
—
Rocky Mount Medical Investement
Mel W Fryar
Deed
—
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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