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Property profile & analytics
OFF-MARKET
Medical Office Space
218 Doggett Rd Forest City, NC 28043-8203
Individually Owned
12-yr Hold
Property ID
US53-2826788
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
2,616 SF
Lot
1.25 ac (54,450 SF)
Zoning code
R8
APN
1627835
UPID
US53-2826788
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Burley,christian D & Chaleise M · 12 yrs held
Burley,christian D & Chaleise M
since 2014
5 recorded transactions
Zoning & alternative use
R8 · Forest City, 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 Forest City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2021Property tax & assessments
Tax year 2021
Tax billed
$2,277
Tax year 2021
Assessed value
$246,300
Assessed 2023
Previous assessed
$246,300
+0.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$25,000
Assessed improvement
$221,300
Land market value
$25,000
Improvement market value
$221,300
Total market value
$246,300
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
HEAT PUMP
Cooling
AC.FAN COOLING
Stories
2
Bathrooms
2
Total area
2,616 SF
Lot
1.25 ac (54,450 SF)
Zoning code
R8
APN
1627835
UPID
US53-2826788
Jurisdiction
RUTHERFORD
Zoning & alternative use
R8 · Forest City, NC
Zoning R8 · permitted uses
R8 · Forest City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Burley,christian D & Chaleise M
Individual
Mailing address
295 HOLLY HLS DR, FOREST CITY, NC 28043-9247
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2021
—
Christian D Burley
—
Deed
related
$272,000 · United Bank
May 30, 2014
$168,000
Burley,christian D & Chaleise M
Hometrust Bk
Grant Deed
$94,400 · Carolina Tr Bk
Sep 24, 2012
$164,000
Hometrust Bk
Raintree Realty & Const I
Trustees Deed
—
Sep 20, 2012
$164,000
Hometrust Bank
Hester,dennis J
Grant Deed
related
—
Feb 27, 2007
$292,000
Dennis J Hester
Hardin Ents LLC
Warranty Deed
$240,000 · Hometrust Bank
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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