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Property profile & analytics
OFF-MARKET
Estimated value
$10,980,000
Office Spaces
3000 Big Oaks Dr King, NC 27021
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US53-0860243
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1994
Construction
STEEL FRAME
Total area
135,382 SF
Lot
10.06 ac (438,214 SF)
Zoning code
LI KING
APN
5991-44-3620.00
UPID
US53-0860243
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.09M
Blend (final)
Blend
$10.98M
Owner & transaction history
Big Oaks Of King LLC · 22 yrs held
Big Oaks Of King LLC
since 2004
5 recorded transactions
Zoning & alternative use
LI KING · King, 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 King submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,965,000
Current use
INDUSTRIAL (GENERAL)
$12,920,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$10.98M
Range $9.88M – $12.08M · ±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
$81 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$45,661
Tax year 2024
Assessed value
$4,141,800
Assessed 2024
Previous assessed
$4,141,800
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$400,300
Assessed improvement
$3,741,500
Land market value
$400,300
Improvement market value
$3,741,500
Total market value
$4,141,800
Applied tax rate
7,264.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
5
Total area
135,382 SF
Lot
10.06 ac (438,214 SF)
Zoning code
LI KING
APN
5991-44-3620.00
UPID
US53-0860243
Jurisdiction
FORSYTH
Zoning & alternative use
LI KING · King, NC
Zoning LI KING · permitted uses
LI KING · King, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
King. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$15.0M
INDUSTRIAL (GENERAL)
Est. value
$12.9M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
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
1994
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
5
Lot
10.06 ac
Current owner
From public records · entity-resolved
Big Oaks Of King LLC
Entity
Mailing address
PO BOX 2559, KING, NC 27021-2559
Ownership since
2004
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
May 26, 2004
—
Big Oaks Of King LLC
Forsyth County Dev Corp
Quit Claim Deed
related
—
May 26, 2004
$796,500
Forsyth Technical Community
Big Oaks Of Spring LLC
Grant Deed
—
—
—
Cres Tobacco Co LLC
—
Deed Of Trust
related
$650,000,000 · Deutsche Bk Tr Co Americas
—
—
Cres Tobacco Co LLC
—
Deed Of Trust
related
$650,000,000 · Bank Of Ny Mellon
—
—
Cres Tobacco Company LLC
—
Deed Of Trust
related
$650,000,000 · Alter Domus LLC
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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