Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
1522 Vaughn Rd Burlington, NC 27217-2871
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1798724
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Total area
5,280 SF
Lot
2.15 ac (93,654 SF)
Zoning code
O I
APN
139526
UPID
US53-1798724
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
-
Eason Ernest B MD Physician
-
Adewole Adamson, MD, MPP Physician Medical Clinic
-
Life Enrichment Day Center Inc. Rehabilitation Center Adult Day Care Center
-
Mr. Richard Henderson Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Noble LLC · 3 yrs held
Noble LLC
since 2022
3 recorded transactions
Zoning & alternative use
O I · Burlington, 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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,104
Tax year 2023
Assessed value
$487,134
Assessed 2023
Previous assessed
$487,134
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$100,312
Assessed improvement
$386,822
Land market value
$100,312
Improvement market value
$386,822
Total market value
$487,134
Applied tax rate
12.0000
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
1974
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
13
Bathrooms
3
Total area
5,280 SF
Lot
2.15 ac (93,654 SF)
Zoning code
O I
APN
139526
UPID
US53-1798724
Jurisdiction
ALAMANCE
Zoning & alternative use
O I · Burlington, NC
Zoning O I · permitted uses
O I · Burlington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
13
Bathrooms
3
Lot
2.15 ac
Current owner
From public records · entity-resolved
Noble LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2238 DONNINGTON LN NW, CONCORD, NC 28027-3322
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2022
—
Noble LLC
University Of Nc Health Care System
Special Warranty Deed
—
Oct 1, 2015
—
University Of North Carolina Heal
Henderson,richard R & Marjorie G
Warranty Deed
related
—
May 6, 2014
—
Bjw Trust 101
Johnson,herman C
Warranty Deed
related
$218,280 · Herman C Johnson
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1522 Vaughn Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
