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Property profile & analytics
OFF-MARKET
Estimated value
$2,020,000
Medical Office Space
159 Dallas Rd, Stanley, NC 28164-2052
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0917722
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
7,374 SF
Lot
1.83 ac (79,715 SF)
Zoning code
OFF04
APN
134088
UPID
US53-0917722
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
-
Daphney Tench Physician
-
Starr Eric Employment Agency
-
Poovey Leah Employment Agency
-
South Point Family Practice - Stanley Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.02M
CAP Approach
CAP
$1.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
Stanley Physicians Med Dst · 1 yrs held
Stanley Physicians Med Dst
since 2024
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
OFF04 · Stanley, 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 Stanley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stanley 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
$2,020,000
ML approach
$2,020,000
CAP Approach
CAP Return
Estimation
6%
$1,710,000
6.5%
$1,580,000
7%
$1,465,000
Blend value · Realmo final
$2.02M
Range $1.82M – $2.22M · ±10% · vs last sale $2.02M (Sep 26 2024)
Last sale anchor
$2.02M
Sep 26 2024
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
$274 / 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
$9,986
Tax year 2024
Assessed value
$916,990
Assessed 2024
Previous assessed
$916,990
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$325,550
Assessed improvement
$591,440
Applied tax rate
260.0000
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
1998
Heating
HEAT PUMP
Stories
2
Rooms
1
Total area
7,374 SF
Lot
1.83 ac (79,715 SF)
Zoning code
OFF04
APN
134088
UPID
US53-0917722
Jurisdiction
GASTON
Zoning & alternative use
OFF04 · Stanley, NC
Zoning OFF04 · permitted uses
OFF04 · Stanley, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stanley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
HEAT PUMP
Stories
2
Rooms
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Stanley Physicians Med Dst
Individual
Free & Clear · 1 yrs held
Mailing address
6000 FAIRVIEW RD STE #1200, CHARLOTTE, NC 28210-2252
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2024
$2,018,000
Stanley Physicians Med Dst
Glenway Leasing LLC
Special Warranty Deed
—
Jul 29, 2020
—
Glenway Leasing LLC
—
Deed
related
$1,230,000 · Wells Fargo Bank NA
Apr 3, 2019
—
Glenway Leasing LLC
—
Loan Modification
related
$2,421,869 · Wells Fargo Bk
Nov 20, 2009
—
Glenway Leasing LLC
—
Grant Deed
—
Sep 24, 2008
—
Leasing Glenway
Glenway,leasing Company
Quit Claim Deed
related
—
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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