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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Office Spaces
157 Yadkin Vly Rd, Advance, NC 27006-8784
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2328272
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1986
Construction
WOOD
Total area
8,288 SF
Lot
0.23 ac (10,019 SF)
APN
C70000016701
UPID
US53-2328272
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
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
D L Hoffman LLC · 3 yrs held
D L Hoffman LLC
since 2023
Last sale
$875,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+29.9%
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 Advance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Advance 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
$1,085,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$895,000
Current use
COMMERCIAL (GENERAL)
$1,165,000
Change: +30% · Conversion: Easy
RETAIL STORES
$880,000
Change: -2% · Conversion: Moderate
AUTO REPAIR, GARAGE
$760,000
Change: -15% · Conversion: Difficult
RESTAURANT
$750,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $875k (Jun 9 2023)
Last sale anchor
$875k
Jun 9 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
$116 / 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
$3,684
Tax year 2024
Assessed value
$476,520
Assessed 2024
Previous assessed
$476,520
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$87,890
Assessed improvement
$388,630
Land market value
$87,890
Improvement market value
$388,630
Total market value
$476,520
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
8,288 SF
Lot
0.23 ac (10,019 SF)
APN
C70000016701
UPID
US53-2328272
Jurisdiction
DAVIE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$760,000
RESTAURANT
Est. value
$750,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
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
1986
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
D L Hoffman LLC
Entity
Mailing address
7 HILLCREST PL, HIGH POINT, NC 27262-3039
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$875,000
D L Hoffman LLC
Snider Investment Group LLC
Warranty Deed
$795,000 · Snider Investments Group LLC
May 7, 2012
—
Snider Investment Group LLC
Snider,james C & Teresa D
Quit Claim Deed
related
$205,440 · Southern Community Bank
Jan 31, 2012
$342,500
James C Snider
Lewisville Dev Partners LLC
Warranty Deed
$205,440 · Southern Community Bank
Oct 17, 2005
$560,000
Lewisville Dev Partners LLC
Travco-brt
Grant Deed
$475,000 · First Citizens Bank & Trust Co
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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