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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Medical Office Space
1905 Skibo Rd, Fayetteville, NC 28314-0260
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US53-0517893
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1988
Total area
14,759 SF
Lot
1.43 ac (62,291 SF)
Zoning code
CC
APN
0418-00-3342
UPID
US53-0517893
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
-
Johnson Teresa Medical Clinic
-
Rapha Primary Care Medical Clinic
-
Adjust Experience Chiropractic Alternative Medicine Practice
-
Touche Medical Spa & Skin Care Spa & Massage Center Alternative Medicine Practice
-
Mr. Damon Arrington Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$2.28M
Owner & transaction history
Ddr Cross Pointe Center LLC · 17 yrs held
Ddr Cross Pointe Center LLC
since 2008
4 recorded transactions
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+24.6%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,550,000
6.5%
$2,355,000
7%
$2,185,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,485,000
Current use
RESTAURANT
$3,100,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,470,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$2,340,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±10%
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
$154 / 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
$35,474
Tax year 2023
Assessed value
$2,521,143
Assessed 2023
Previous assessed
$2,521,143
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,173,559
Assessed improvement
$1,347,584
Land market value
$1,173,559
Improvement market value
$1,347,584
Total market value
$2,521,143
Applied tax rate
1,000.0000
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 CLINIC
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Bathrooms
21
Total area
14,759 SF
Lot
1.43 ac (62,291 SF)
Zoning code
CC
APN
0418-00-3342
UPID
US53-0517893
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC · Fayetteville, NC
Zoning CC · permitted uses
CC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.5M
RESTAURANT
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.3M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1988
Heating
NONE
Stories
1
Bathrooms
21
Lot
1.43 ac
Current owner
From public records · entity-resolved
Ddr Cross Pointe Center LLC
Entity
Mailing address
PO BOX 53607, FAYETTEVILLE, NC 28305-3607
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
May 20, 2021
—
Cumberland Properties LLC
—
Deed
related
$2,675,000 · Select Bank & Trust Co
Dec 29, 2008
—
Ddr Cross Pointe Center LLC
Jdn Realty Corp
Warranty Deed
related
—
Oct 31, 2006
$1,710,000
Cumberland Properties LLC
Banc Of America Strategic Solutio
Grant Deed
$1,640,000 · Wachovia Bk/sc
Jul 7, 2005
$2,125,000
Banc Of America Strategic Solutio
Sellers,timothy G
Trustees 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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