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Property profile & analytics
OFF-MARKET
Medical Office Space
2500 5th St, Greenville, NC 27834-7812
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-1691668
Property summary
AI-generated overview
This exceptional 7,291-square-foot medical office building is available for immediate lease in Greenville, North Carolina. Situated on a 1.3-acre lot in the heart of Greenville's medical district, this Class C building offers unparalleled convenience and accessibility. Its location within one mile of ECU Health's Medical Center ensures strong medical office synergy and a high-traffic patient base. The property boasts ample parking and is easily accessible from I-587, making it an ideal location for medical professionals seeking a prominent presence in Eastern North Carolina. The building is zoned MO and features a single-tenant occupancy. The lease is a modified gross lease with a monthly rate of $7,200. For a credit tenant, $50,000 in tenant improvement allowance (TIA) is available. This presents a unique opportunity to establish or expand a medical practice in a thriving and highly visible location. The property's address is 2500 W 5th St, Greenville, NC 27834, within the Greenville MSA submarket.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,291 SF
Lot
1.3 ac (56,628 SF)
Zoning code
MO
APN
38800
UPID
US53-1691668
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
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Carolina Ortho-Prosthetics Orthotics & Prosthetics Service
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Archino Samuel Orthotics & Prosthetics Service
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Green Springs Park Park
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Rick Gagliano Orthotics & Prosthetics Service
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
Dlc Properties LLC · 1 yrs held
Dlc Properties LLC
since 2025
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
MO · Greenville, 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 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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,834
Tax year 2023
Assessed value
$752,737
Assessed 2023
Previous assessed
$752,737
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$339,768
Assessed improvement
$412,969
Land market value
$339,768
Improvement market value
$412,969
Total market value
$752,737
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Rooms
1
Bathrooms
4
Total area
7,291 SF
Lot
1.3 ac (56,628 SF)
Zoning code
MO
APN
38800
UPID
US53-1691668
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.
Building & site characteristics
From public records
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Rooms
1
Bathrooms
4
Lot
1.3 ac
Current owner
From public records · entity-resolved
Dlc Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
32 CROSS ST STE #204, LAKEWOOD, NJ 08701-5572
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2025
$525,000
Dlc Properties LLC
Brighton Ec LLC
Deed
related
—
Jun 21, 2021
$600,000
Brighton Ec LLC
Rbs Rentals LLC
Warranty Deed
$21,700,000 · Argentic Real Estate Finance LLC
Jun 21, 2021
$19,000,000
Brighton Ec LLC
Brighton Park Apartments 1 LLC
Warranty Deed
$21,700,000 · Argentic Real Estate Finance LLC
Jan 8, 2021
—
Reggie Spain Homes LLC
—
Deed
related
—
Sep 22, 2020
—
Reggie Spain Homes LLC
—
Deed
related
—
Aug 14, 2020
—
Reggie Spain Homes LLC
—
Deed
related
—
Mar 13, 2020
—
First Colony Construction Co
—
Deed
related
$145,700 · First Bk
Jan 30, 2020
$190,000
Kelley E Hensley
Reggie Spain Homes LLC
Warranty Deed
$180,500 · Equity Rsrcs/oh
Dec 13, 2019
—
Reggie Spain Homes LLC
—
Deed
related
—
Oct 7, 2019
—
First Colony Construction Co
—
Deed
related
$19,500 · Branch Bk&tr
Jul 16, 2019
$30,000
Reggies Spain Homes LLC
Vicus Dev LLC
Warranty Deed
—
Oct 18, 2018
—
Rbs Rentals LLC
—
Deed
related
$360,000 · Southern Bk
May 4, 2018
—
Brighton Pk Apts II LLC
—
Grant Deed
related
$1,338,000 · Select Bk
Oct 30, 2015
$480,000
Rbs Rentals LLC
Tyndall,barbara J S
Grant Deed
$480,000 · Select Bk
Oct 30, 2015
—
Rbs Rentals LLC
Conway,jessica A
Grant Deed
related
—
—
—
First Colony Construction Co
—
Deed Of Trust
related
$19,500 · Branch Bk&tr
—
—
First Colony Construction Co
—
Deed Of Trust
related
$145,700 · First Bk
—
—
Rbs Rentals LLC
—
Deed Of Trust
related
$360,000 · Southern Bk
—
—
Reggie Spain Homes LLC
—
Loan Modification
related
—
—
—
Reggie Spain Homes LLC
—
Loan Modification
related
—
—
—
Reggie Spain Homes LLC
—
Loan Modification
related
—
—
—
Reggie Spain Homes LLC
—
Loan Modification
related
—
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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