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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Office Units
231 Meed Ct, Fayetteville, NC 28303-2486
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1526786
Property summary
AI-generated overview
This is a 1,500 sq ft office suite located in Fayetteville, NC, within a Class B building. The suite features 4 offices, a reception area, and a kitchenette. It includes 3 restrooms, with one located in a private office. The building has an elevator. Signage opportunities are available on Reilly Road. The property is located approximately 1 mile from Ft Bragg. The configuration is suitable for leasing, with the landlord typically covering water and sewer expenses, and the tenant responsible for electricity costs.
Property profile
Verified
Property type
Office Units
Use group
OFFICE BUILDING
Year built
2000
Total area
6,977 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CC
APN
9498-67-9230
UPID
US53-1526786
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
-
RE/MAX United: Priscilla Surgeon Real Estate Agency
-
Candy Tryggestad Counselor Social Worker
-
CBT Counseling Centers - Fayetteville Medical Clinic
-
De'Lisa Hill Counselor Family Counselor
-
Access Realty Services Inc: Angela D. Jones, MBA, ABR, GRI, CRS Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.60M
Owner & transaction history
Schultz Rentals 1 LLC · 7 yrs held
Schultz Rentals 1 LLC
since 2018
4 recorded transactions
Zoning & alternative use
CC · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+9.2%
Auto repair, garage
$1.4M
+0.5%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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%
$1,515,000
6.5%
$1,400,000
7%
$1,300,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,345,000
Current use
RESTAURANT
$1,465,000
Change: +9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,350,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,245,000
Change: -7% · Conversion: Easy
MEDICAL BUILDING
$1,175,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±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
$229 / 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
$23,585
Tax year 2023
Assessed value
$1,675,946
Assessed 2023
Previous assessed
$1,675,946
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$266,401
Assessed improvement
$1,409,545
Land market value
$266,401
Improvement market value
$1,409,545
Total market value
$1,675,946
Applied tax rate
1,000.0000
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 Units
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Bathrooms
9
Total area
6,977 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CC
APN
9498-67-9230
UPID
US53-1526786
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC · Fayetteville, NC
Zoning CC · permitted uses
CC · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2000
Heating
NONE
Stories
1
Bathrooms
9
Lot
0.98 ac
Current owner
From public records · entity-resolved
Schultz Rentals 1 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1620 ROCKDALE LOOP, LAKE MARY, FL 32746-5331
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2019
—
Schultz Rentals 1 LLC
—
Grant Deed
related
$1,800,000 · Miscellaneous Ins Co
Oct 17, 2018
—
Schultz Rentals 1 LLC
Schultz Rental LLC
Quit Claim Deed
related
—
Dec 13, 2005
—
Schultz Rental LLC
Schultz,edward M & Theresa
Quit Claim Deed
related
—
—
—
Schultz Rental LLC
—
Deed Of Trust
related
$1,800,000 · Ids Life Insurance Co Ny
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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