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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Office buildings
202 Fieldale Rd Mebane, NC 27302-9177
Individually Owned
Free & Clear
Property ID
US53-3578538
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Total area
12,152 SF
Lot
1.22 ac (53,143 SF)
Zoning code
B 2
APN
164566
UPID
US53-3578538
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
-
The Medi Spa by Graham Dermatology Spa & Massage Center Alternative Medicine Practice
-
Austin Jeannine Newsome Physician Medical Clinic
-
Graham Dermatology Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$2.08M
Owner & transaction history
The University Of North Carolina Ho
The University Of North Carolina Ho
since 2026
5 recorded transactions
Zoning & alternative use
B 2 · Mebane, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+1.8%
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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,400,000
Current use
COMMERCIAL (GENERAL)
$1,425,000
Change: +2% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,310,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±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
$171 / 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
$17,185
Tax year 2023
Assessed value
$2,142,806
Assessed 2023
Previous assessed
$2,142,806
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$659,062
Assessed improvement
$1,483,744
Land market value
$659,062
Improvement market value
$1,483,744
Total market value
$2,142,806
Applied tax rate
14.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2020
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
12,152 SF
Lot
1.22 ac (53,143 SF)
Zoning code
B 2
APN
164566
UPID
US53-3578538
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Mebane, NC
Zoning B 2 · permitted uses
B 2 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mebane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2020
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
The University Of North Carolina Ho
Individual
Free & Clear · 0 yrs held
Mailing address
202 FIELDALE RD, MEBANE, NC 27302-9177
Ownership since
2026
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
Feb 12, 2026
—
The University Of North Carolina Ho
Sea Investments LLC
Deed
—
Oct 5, 2018
—
Sea Investments LLC
—
Deed
related
$2,705,753 · American National Bank And Trust Company
Jun 11, 2018
$575,000
Sea Investments LLC A North Carolin
Clarke Lindley W
Special Warranty Deed
$517,500 · American National Bank And Trust Co
Dec 22, 2011
$600,000
Clarke,lindley W Family Trust
Owner Name Unavailable
Grant Deed
related
—
Dec 22, 2011
$625,000
W Clarke Lindley
Owner Name Unavailable
Grant 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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