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Property profile & analytics
OFF-MARKET
Estimated value
$18,400,000
Assisted living facilities
230 Presnell St Asheboro, NC 27203-4743
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2038068
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1975
Construction
WOOD
Total area
66,585 SF
Lot
7.34 ac (319,730 SF)
Zoning code
OA6
APN
7761051568
UPID
US53-2038068
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
-
Elaine H. Vang, PTA Physician
-
Randolph Health and Rehabilitation Center Nursing Home
-
Avis Bethea Physician
-
Whitney Clendenin 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
$18.40M
Owner & transaction history
Earl Powell Asheboro LLC · 2 yrs held
Earl Powell Asheboro LLC
since 2024
Last sale
$18.4M
3 recorded transactions
Zoning & alternative use
OA6 · Asheboro, 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 Asheboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheboro 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
$276 / 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
$68,027
Tax year 2023
Assessed value
$5,132,920
Assessed 2023
Previous assessed
$5,132,920
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$326,280
Assessed improvement
$4,806,640
Land market value
$326,280
Improvement market value
$4,806,640
Total market value
$5,132,920
Applied tax rate
1.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
OTHER
Cooling
WINDOW A/C
Stories
1
Units
238
Total area
66,585 SF
Lot
7.34 ac (319,730 SF)
Zoning code
OA6
APN
7761051568
UPID
US53-2038068
Jurisdiction
RANDOLPH
Zoning & alternative use
OA6 · Asheboro, NC
Zoning OA6 · permitted uses
OA6 · Asheboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Units
238
Lot
7.34 ac
Current owner
From public records · entity-resolved
Earl Powell Asheboro LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5746 CORNISH CT NW, WILSON, NC 27896-8108
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
—
Earl Powell Asheboro LLC
Earl Carlton Powell JR
Intrafamily Transfer
related
—
Dec 28, 2023
—
Denise Carson Powell Russell
Asheboro Nursing Home LLC
Special Warranty Deed
—
Nov 18, 2011
—
Asheboro Nursing Home LLC
Powell E C
Grant Deed
—
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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