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Property profile & analytics
OFF-MARKET
Estimated value
$7,740,000
Medical Office Space
2919 Beechtree Dr 2925, Sanford, NC 27330-6934
Entity Owned
9-yr Hold
Free & Clear
Property ID
US53-4874352
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Total area
64,524 SF
Lot
18.12 ac (789,307 SF)
Zoning code
CZ
APN
9644-43-1973-00
UPID
US53-4874352
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
-
Dr. Miles W. Whitaker, MD Ophthalmologist
-
Neil Conti Physician
-
David Catron Physician
-
Dr. Lauren Mokris Physician
-
Samuel Heathcote Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.45M
Comparable Approach
Comparable
$8.04M
Blend (final)
Blend
$7.74M
Owner & transaction history
Firsthealth Of Carolinas INC · 9 yrs held
Firsthealth Of Carolinas INC
since 2017
1 recorded transaction
Zoning & alternative use
CZ · Sanford, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.9M
+75.5%
Auto repair, garage
$6.6M
+29.9%
Restaurant
$5.9M
+16.1%
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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%
$8,065,000
6.5%
$7,445,000
7%
$6,915,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,070,000
Current use
COMMERCIAL (GENERAL)
$8,895,000
Change: +75% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,585,000
Change: +30% · Conversion: Difficult
RESTAURANT
$5,885,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$7.74M
Range $6.97M – $8.51M · ±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
$120 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$18,347,500
Assessed 2023
Previous assessed
$18,347,500
+0.0% YoY
Assessed land
$1,812,000
Assessed improvement
$16,535,500
Land market value
$1,812,000
Improvement market value
$16,535,500
Total market value
$18,347,500
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
2018
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
64,524 SF
Lot
18.12 ac (789,307 SF)
Zoning code
CZ
APN
9644-43-1973-00
UPID
US53-4874352
Jurisdiction
LEE
Zoning & alternative use
CZ · Sanford, NC
Zoning CZ · permitted uses
CZ · Sanford, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$8.9M
AUTO REPAIR, GARAGE
Est. value
$6.6M
RESTAURANT
Est. value
$5.9M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2018
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
5
Bathrooms
2
Lot
18.12 ac
Current owner
From public records · entity-resolved
Firsthealth Of Carolinas INC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 3000, PINEHURST, NC 28374-3000
Ownership since
2017
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
Jun 8, 2017
$725,000
Firsthealth Of Carolinas INC
Knipple,mary A
Warranty 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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