New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,590,000
Medical Office Space
2210 Hemby Ln, Greenville, NC 27834-3789
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1600269
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
FRAME
Total area
19,192 SF
Lot
1.45 ac (63,162 SF)
Zoning code
MO
APN
10738
UPID
US53-1600269
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
-
Geoffrey You, MD Physician
-
Gastroenterology East PA & Endoscopy Center Physician
-
Cole Jack C Do Physician
-
Shane E Hendon, DO Physician
-
Jordan Sturgill Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.59M
Owner & transaction history
Mmpf III Greenville Nc LLC · 4 yrs held
Mmpf III Greenville Nc LLC
since 2022
Last sale
$7.8M
5 recorded transactions
Zoning & alternative use
MO · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+41.4%
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
$5,705,000
ML approach
$5,690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,360,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$5.59M
Range $5.03M – $6.15M · ±10% · vs last sale $7.75M (Mar 29 2022)
Last sale anchor
$7.75M
Mar 29 2022
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
$291 / 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
$41,599
Tax year 2023
Assessed value
$3,544,539
Assessed 2023
Previous assessed
$3,544,539
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$379,248
Assessed improvement
$3,165,291
Land market value
$379,248
Improvement market value
$3,165,291
Total market value
$3,544,539
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
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
5
Total area
19,192 SF
Lot
1.45 ac (63,162 SF)
Zoning code
MO
APN
10738
UPID
US53-1600269
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
RESTAURANT
Est. value
$3.4M
RESTAURANT
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
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
1
Bathrooms
5
Lot
1.45 ac
Current owner
From public records · entity-resolved
Mmpf III Greenville Nc LLC
Entity
Mailing address
3807 CLEGHORN AVE STE #903, NASHVILLE, TN 37215-2549
Ownership since
2022
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
Mar 29, 2022
$7,750,000
Mmpf III Greenville Nc LLC
Tm Medical Properties North Carolin
Special Warranty Deed
$5,425,000 · First Citizens Bank & Trust Co
Jun 5, 2020
—
Tm Medical Prop N Carolina LP
—
Deed
related
$4,275,367 · Old Pt Nat'l Bk/phoebus
Oct 11, 2019
$5,935,000
Tm Medical Prop N Carolina LP
Medsouth Healthcar Hemby LLC
Grant Deed
—
May 16, 2014
$4,800,000
Medsouth Healthcare Hemby LLC
Investment Company Of Carolina LLC
Special Warranty Deed
$3,360,000 · Vantagesouth Bank
—
—
Tm Medical Prop N Carolina LP
—
Deed Of Trust
related
$4,275,367 · Old Pt Nat'l Bk/phoebus
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2210 Hemby Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
