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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Medical Office Space
1480 Wesley Chapel Rd Indian Trail, NC 28079-5244
Entity Owned
12-yr Hold
Free & Clear
Property ID
US53-1961628
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
WOOD
Total area
7,015 SF
Lot
1.13 ac (49,266 SF)
Zoning code
SF-5 INDIAN TRAIL
APN
07-090-006H
UPID
US53-1961628
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$803k
Blend (final)
Blend
$875k
Owner & transaction history
Monick Investments LLC · 12 yrs held
Monick Investments LLC
since 2014
1 recorded transaction
Zoning & alternative use
SF-5 INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+54.5%
Restaurant
$955,000
+45.1%
Commercial (general)
$935,000
+42.3%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$660,000
Current use
OFFICE BUILDING
$1,020,000
Change: +55% · Conversion: Easy
RESTAURANT
$955,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$935,000
Change: +42% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$660,000
Change: +0% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$610,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$545,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$125 / 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
$11,380
Tax year 2023
Assessed value
$1,305,400
Assessed 2023
Previous assessed
$1,305,400
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$740,800
Assessed improvement
$564,600
Land market value
$740,800
Improvement market value
$564,600
Total market value
$1,305,400
Applied tax rate
619.0000
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
2000
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
7,015 SF
Lot
1.13 ac (49,266 SF)
Zoning code
SF-5 INDIAN TRAIL
APN
07-090-006H
UPID
US53-1961628
Jurisdiction
UNION
Zoning & alternative use
SF-5 INDIAN TRAIL · Indian Trail, NC
Zoning SF-5 INDIAN TRAIL · permitted uses
SF-5 INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$660,000
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$955,000
COMMERCIAL (GENERAL)
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$660,000
INDUSTRIAL (GENERAL)
Est. value
$610,000
RETAIL STORES
Est. value
$545,000
MEDICAL BUILDING Current
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
2000
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Monick Investments LLC
Entity
Free & Clear · 12 yrs held
Mailing address
14601 STATESVILLE RD, HUNTERSVILLE, NC 28078-9032
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2014
$1,340,000
Monick Investments LLC
Sun Valley Building LLC
Warranty 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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