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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Medical Office Space
250 18th St SE Cir Hickory, NC 28602-1361
Individually Owned
10-yr Hold
Free & Clear
Property ID
US53-0900250
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Construction
FRAME
Total area
9,915 SF
Lot
1.78 ac (77,537 SF)
Zoning code
OI
APN
3712-07-58-3307
UPID
US53-0900250
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
-
Unifour Pain Treatment Physicians: Harkins Paul C PHD Physician Medical Clinic
-
Frye Regional Unifour Pain Treatment Center Medical Clinic
-
Unifour Pain Treatment Physicians: Eichman Dave S MD Physician
-
Unifour Pain Treatment Physicians: Hunt Christopher MD Physician
-
Unifour Pain Treatment Physicians: Gabriel Zizette M 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
$1.03M
Owner & transaction history
Dlp Frye Regional Medical Cent · 10 yrs held
Dlp Frye Regional Medical Cent
since 2016
1 recorded transaction
Zoning & alternative use
OI · Hickory, 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 Hickory submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hickory 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
$104 / 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
$14,374
Tax year 2023
Assessed value
$1,684,100
Assessed 2023
Previous assessed
$1,684,100
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$325,600
Assessed improvement
$1,358,500
Land market value
$325,600
Improvement market value
$1,358,500
Total market value
$1,684,100
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
1985
Construction
FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Units
1
Total area
9,915 SF
Lot
1.78 ac (77,537 SF)
Zoning code
OI
APN
3712-07-58-3307
UPID
US53-0900250
Jurisdiction
CATAWBA
Zoning & alternative use
OI · Hickory, NC
Zoning OI · permitted uses
OI · Hickory, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hickory. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Dlp Frye Regional Medical Cent
Individual
Free & Clear · 10 yrs held
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2016
$5,840,000
Dlp Frye Regional Medical Cent
Frye Regional Medical Center I
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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