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156 White Oak St, Franklin, NC 28734
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Property summary
AI-generated overview
A professional office building near downtown Franklin, North Carolina, set on a 0.62-acre lot and designed with an adaptable interior layout for a range of small business and professional uses. The current configuration includes a lobby/waiting room, three exam rooms, two offices, a public restroom, a private restroom with a tub/shower, a kitchen, and a laundry room. Exterior features include nine dedicated customer parking spaces with an accessible handicapped space and a nearby composite-decking entrance ramp, rear access to a two-car garage for the owners, and a large backyard. Additional property amenities include a central music system, a central heat pump, a gas-log fireplace, a detached storage building, and a metal carport, with town-maintained paved-road access. The plumbing is scheduled to be updated in 2025, and the property is located within under half a mile of downtown coffee shops and restaurants.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1940
Construction
BRICK
Total area
1,537 SF
Lot
0.62 ac (27,007 SF)
Zoning code
FMICR
APN
6595117416
UPID
US53-0182157
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
-
Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
since 2015
1 recorded transaction
Zoning & alternative use
FMICR · Franklin, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$250k
Value range
$225k – $275k
±10% around blend
Estimated value / SF
$163 / SF
Confidence
Property data
100
Comparable evidence
60
$225k
blend $250k
$275k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,537 SF
Lot area
0.62 ac
Year built
1940
Stories
1
APN
6595117416
Zoning
FMICR
Assessed value
$373,210
Annual tax
$1,334
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$250k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$373k
Move the market yield to see immediate price impact.
Value / SF
$243
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$24k
$470k
$336k
$261k
$26k
$523k
$373k
$290k
$29k
$575k
$411k
$319k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,334
Tax year 2023
Assessed value
$373,210
Assessed 2023
Previous assessed
$256,110
+45.7% YoY
Effective rate
0.36%
On assessed value
Assessed land
$64,170
Assessed improvement
$309,040
Land market value
$64,170
Improvement market value
$309,040
Total market value
$373,210
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1940
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
5
Bathrooms
2
Total area
1,537 SF
Lot
0.62 ac (27,007 SF)
Zoning code
FMICR
APN
6595117416
UPID
US53-0182157
Jurisdiction
MACON
Zoning & alternative use
FMICR · Franklin, NCZoning FMICR · permitted uses
FMICR · Franklin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
0.62 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
FMICR
Jurisdiction
Franklin, NC
Recorded code
FMICR
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for FMICR in Franklin, NC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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