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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Medical Office Space
135 Medical Dr, Bermuda Run, NC 27006-6684
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1446199
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
WOOD
Total area
6,891 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CS
APN
D8010A0007
UPID
US53-1446199
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Advancenc Dre LLC · 3 yrs held
Advancenc Dre LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CS · Bermuda Run, 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 Bermuda Run submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bermuda Run 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
$1,320,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$970,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.25M (May 23 2023)
Last sale anchor
$1.25M
May 23 2023
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
$183 / 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
$6,360
Tax year 2024
Assessed value
$689,030
Assessed 2024
Previous assessed
$689,030
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$354,720
Assessed improvement
$334,310
Land market value
$354,720
Improvement market value
$334,310
Total market value
$689,030
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1996
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Bathrooms
3
Total area
6,891 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CS
APN
D8010A0007
UPID
US53-1446199
Jurisdiction
DAVIE
Zoning & alternative use
CS · Bermuda Run, NC
Zoning CS · permitted uses
CS · Bermuda Run, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bermuda Run. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$970,000
COMMERCIAL (GENERAL)
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
1996
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Bathrooms
3
Lot
1.02 ac
Current owner
From public records · entity-resolved
Advancenc Dre LLC
Entity
Mailing address
8064 CLF CAMERON DR STE #170, CHARLOTTE, NC 28269
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
$1,250,000
Advancenc Dre LLC
Lws Holdings LLC
Special Warranty Deed
$1,187,500 · South State Bank NA
Apr 25, 2019
—
Lws Holdings LLC
—
Deed
related
$1,020,000 · First Citizens Bk
May 1, 2013
$620,500
Jltb Holdings LLC
Hauser,jerry A & Tammy H
Warranty Deed
related
$720,500 · Branch Banking & Trust Co
—
—
Lws Holdings LLC
—
Deed Of Trust
related
$1,621,520 · First Citizens Bk
—
—
Lws Holdings LLC
—
Deed Of Trust
related
$1,020,000 · First Citizens Bk
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$1,940,000 · Live Oak Bkg
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$1,940,000 · Live Oak Bkg
—
—
Jerry A Hauser
—
Deed Of Trust
related
$604,000 · First Citizens Bank & Trust Co
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$460,000 · 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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