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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Medical Office Space
2160 Herbert Ct, Greenville, NC 27834-3736
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US53-1275995
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
STEEL FRAME
Total area
18,270 SF
Lot
1.5 ac (65,340 SF)
Zoning code
MO
APN
66282
UPID
US53-1275995
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
-
Dr. Sarah Smith Physician
-
John W Larsen, MD Physician
-
Tana Hall, MD Physician
-
Courtney L Strickland, MD Physician
-
Jill M Sutton, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.72M
Owner & transaction history
2160 Herbert Court LLC · 11 yrs held
2160 Herbert Court LLC
since 2014
7 recorded transactions
Zoning & alternative use
MO · Greenville, 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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
MEDICAL BUILDING
$2,260,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,815,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±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
$94 / 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
$31,356
Tax year 2023
Assessed value
$2,671,790
Assessed 2023
Previous assessed
$2,671,790
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$390,984
Assessed improvement
$2,280,806
Land market value
$390,984
Improvement market value
$2,280,806
Total market value
$2,671,790
Applied tax rate
40.0000
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
2004
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
11
Total area
18,270 SF
Lot
1.5 ac (65,340 SF)
Zoning code
MO
APN
66282
UPID
US53-1275995
Jurisdiction
PITT
Zoning & alternative use
MO · Greenville, NC
Zoning MO · permitted uses
MO · Greenville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
2004
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
11
Lot
1.5 ac
Current owner
From public records · entity-resolved
2160 Herbert Court LLC
Entity
Mailing address
16 CT ST STE #800, BROOKLYN, NY 11241-1002
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
—
2160 Herbert Court LLC
—
Deed
related
$2,245,000 · Symetra Life Insurance Co
Nov 9, 2018
—
2160 Herbert Court LLC
—
Grant Deed
related
$31,500,000 · Ready Cap Structured Fin
Sep 30, 2014
$2,440,000
2160 Herbert Court LLC
Venture Partners I LLC
Warranty Deed
—
Dec 28, 2012
—
Reggie Spain Construction LLC
Rosewood Farms LLC
Warranty Deed
$525,000 · First South Bk
Feb 9, 2012
—
Venture Partners I LLC
J Russell Fleming
Quit Claim Deed
related
$1,500,000 · Branch Banking And Trust Co
Aug 1, 2004
—
Venture Partners I LLC
Fleming,j R
Warranty Deed
related
—
—
—
Rosewood Farms LLC
—
Deed Of Trust
related
$525,000 · First South Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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