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Property profile & analytics
OFF-MARKET
Estimated value
$9,085,000
Office buildings
300 Meadowlands Dr, Hillsborough, NC 27278-8502
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-2475066
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1992
Total area
43,401 SF
Lot
10.02 ac (436,471 SF)
Zoning code
HI
APN
9874-60-2508
UPID
US53-2475066
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
-
Peak Resources Brookshire Nursing Home
-
Wendy Fore Physician
-
Stephanie Mcewen Physician
-
Theresa Solomon Physician
-
Catherine Shaffer Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.00M
Comparable Approach
Comparable
$7.85M
Blend (final)
Blend
$9.09M
Owner & transaction history
Peak Realty Hillsborough LLC · 6 yrs held
Peak Realty Hillsborough LLC
since 2019
5 recorded transactions
Zoning & alternative use
HI · Hillsborough, 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 Hillsborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsborough 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%
$11,915,000
6.5%
$11,000,000
7%
$10,215,000
Blend value · Realmo final
$9.09M
Range $8.18M – $9.99M · ±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
$209 / 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
$125,790
Tax year 2023
Assessed value
$8,549,400
Assessed 2023
Previous assessed
$8,549,400
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,202,400
Assessed improvement
$7,347,000
Land market value
$1,202,400
Improvement market value
$7,347,000
Total market value
$8,549,400
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1992
Heating
YES
Buildings
3
Stories
1
Rooms
12
Bathrooms
12
Total area
43,401 SF
Lot
10.02 ac (436,471 SF)
Zoning code
HI
APN
9874-60-2508
UPID
US53-2475066
Jurisdiction
ORANGE
Zoning & alternative use
HI · Hillsborough, NC
Zoning HI · permitted uses
HI · Hillsborough, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsborough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
YES
Stories
1
Buildings
3
Rooms
12
Bathrooms
12
Lot
10.02 ac
Current owner
From public records · entity-resolved
Peak Realty Hillsborough LLC
Entity
Mailing address
101 BAINES CT, CARY, NC 27511-6625
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2019
$12,500,000
Peak Realty Hillsborough LLC
Brookshire INC
Special Warranty Deed
$8,458,700 · Cogent Bank
Dec 19, 2007
—
Brookshire INC
—
Trustees Deed
related
$1,000,000 · Branch Banking & Trust Co
Jun 19, 2007
—
Brookshire INC
—
Trustees Deed
related
$3,500,000 · Branch Banking & Trust Co
—
—
Brookshire INC
—
Deed Of Trust
related
$2,000,000 · Branch Bk&tr
—
—
Brookshire INC
—
Deed Of Trust
related
$4,685,000 · Branch Banking & Trust Co
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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