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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Medical Office Space
301 Keisler Dr, Cary, NC 27518-7018
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-5525487
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
BRICK
Total area
2,634 SF
Lot
0.01 ac (436 SF)
Zoning code
OI
APN
0762.11-55-7102 0182860
UPID
US53-5525487
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
-
Godwin Family Dentistry Dental Office
-
Venkata Appala Satyalakshmi Venkata Physician
-
Rakesh Raghavbhai Sheliya Physician
-
Lynn Godwin Dental Office
-
Venkata Suda Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
$425k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Reader Properties LLC · 1 yrs held
Reader Properties LLC
since 2025
Last sale
$602,000
7 recorded transactions
Zoning & alternative use
OI · Cary, 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 Cary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cary 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
$325,000
CAP Approach
CAP Return
Estimation
6%
$465,000
6.5%
$425,000
7%
$395,000
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $602k (Mar 27 2025)
Last sale anchor
$602k
Mar 27 2025
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
$194 / 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
$4,338
Tax year 2024
Assessed value
$517,352
Assessed 2024
Previous assessed
$517,352
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed improvement
$517,352
Improvement market value
$517,352
Total market value
$517,352
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
1990
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,634 SF
Lot
0.01 ac (436 SF)
Zoning code
OI
APN
0762.11-55-7102 0182860
UPID
US53-5525487
Jurisdiction
WAKE
Zoning & alternative use
OI · Cary, NC
Zoning OI · permitted uses
OI · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cary. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Reader Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
301 KEISLER DR STE A, CARY, NC 27518-7018
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
$602,000
Reader Properties LLC
The Goodwin Living Trust
Warranty Deed
—
Jun 27, 2025
—
Reader Properties LLC
—
Deed
related
$511,700 · The Fidelity Bank
Mar 28, 2023
—
Deborah Hoogenboom Goodwin
Deborah H Goodwin
Intrafamily Transfer
related
—
Apr 4, 2018
$462,500
Triangle Kidney Assocs PLLC
Ohm Properties LLC
Warranty Deed
$370,000 · Pinnacle Bk
Feb 2, 2018
$300,000
Vakratunda LLC
Smithey,shelby R
Warranty Deed
$210,000 · First Citizens Bk
Jun 30, 2017
—
Smith & Stanley LLC
—
Deed
related
$481,164 · Bank Of America
Jan 15, 2008
$396,500
Ohm Properties LLC
Keisler,sallie H
Warranty Deed
$315,000 · Sallie H Keisler
—
—
Ohm Properties LLC
—
Deed Of Trust
related
$310,000 · Bank Of North Carolina
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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