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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Medical Office Space
1796 Glidewell Dr, Burlington, NC 27215-8245
Individually Owned
1-yr Hold
Free & Clear
Property ID
US53-3493905
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Total area
4,088 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CB
APN
106913
UPID
US53-3493905
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
-
Angel L. Lopez, DMD Dental Office
-
Dental Care at Alamance Crossing Dental Office
-
Wells Fargo ATM Atm
-
Johnique Fonville Turner Dental Office
-
Wenshley R. Henry, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.04M
Owner & transaction history
1796 Glidewellllc · 1 yrs held
1796 Glidewellllc
since 2025
Last sale
$3.2M
5 recorded transactions
Zoning & alternative use
CB · 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
Method
Estimation
Statistic approach
$2,940,000
ML approach
$2,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±10% · vs last sale $3.16M (May 14 2025)
Last sale anchor
$3.16M
May 14 2025
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
$744 / 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
$8,697
Tax year 2023
Assessed value
$2,013,127
Assessed 2023
Previous assessed
$2,013,127
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$1,327,500
Assessed improvement
$685,627
Land market value
$1,327,500
Improvement market value
$685,627
Total market value
$2,013,127
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
2009
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,088 SF
Lot
1.36 ac (59,242 SF)
Zoning code
CB
APN
106913
UPID
US53-3493905
Jurisdiction
ALAMANCE
Zoning & alternative use
CB · Burlington, NC
Zoning CB · permitted uses
CB · 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
2009
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
1796 Glidewellllc
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 768, EFFINGHAM, IL 62401-0768
Ownership since
2025
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
May 14, 2025
$3,155,000
1796 Glidewellllc
Wmg Real Estate 3 LLC
Special Warranty Deed
—
Mar 2, 2022
—
Wmg Real Estate 3 LLC
Wmg Development LLC
Special Warranty Deed
$44,261,750 · Busey Bank
Dec 21, 2020
$1,830,000
Wmg Dev LLC
Fargo Bk NA Wells
Grant Deed
—
Jun 20, 2008
$1,273,000
Wachovia Bank NA
Cbl & Associates Mgmt INC
Warranty Deed
—
Sep 13, 2007
—
Cbl & Associates Mgmt INC
Alamance Crossing LLC
Warranty 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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