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Property profile & analytics
OFF-MARKET
Estimated value
$5,505,000
Hospitals
3003 Kensington Park Dr New Bern, NC 28560-4401
Entity Owned
Free & Clear
Property ID
US53-3627312
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1994
Total area
29,677 SF
Lot
7.92 ac (344,952 SF)
APN
8-216 -012
UPID
US53-3627312
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
-
Carolina Therapy Services Inc Physician
-
Parker Beth H Physician
-
Bayview Nursing & Rehab Center Nursing Home
-
Dr. Pamela Harris Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.18M
Comparable Approach
Comparable
$4.83M
Blend (final)
Blend
$5.51M
Owner & transaction history
BAYVIEW REALTY LLC
BAYVIEW REALTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.2M
+141.6%
Office building
$7.4M
+119.3%
Commercial (general)
$5.0M
+47.5%
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 New Bern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Bern 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%
$6,695,000
6.5%
$6,180,000
7%
$5,735,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,375,000
Current use
INDUSTRIAL (GENERAL)
$8,150,000
Change: +142% · Conversion: Difficult
OFFICE BUILDING
$7,400,000
Change: +119% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,975,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,830,000
Change: +43% · Conversion: Difficult
RESTAURANT
$4,790,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$4,405,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±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
$185 / 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
$37,088
Tax year 2024
Assessed value
$4,442,690
Assessed 2024
Previous assessed
$4,442,690
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$791,990
Assessed improvement
$3,650,700
Land market value
$791,990
Improvement market value
$3,650,700
Total market value
$4,442,690
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1994
Heating
ZONE
Cooling
YES
Buildings
2
Stories
1
Total area
29,677 SF
Lot
7.92 ac (344,952 SF)
APN
8-216 -012
UPID
US53-3627312
Jurisdiction
CRAVEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$8.2M
OFFICE BUILDING
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.8M
RESTAURANT
Est. value
$4.8M
RETAIL STORES
Est. value
$4.4M
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
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
Heating
ZONE
Cooling
Yes
Stories
1
Buildings
2
Lot
7.92 ac
Current owner
From public records · entity-resolved
BAYVIEW REALTY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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