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Property profile & analytics
OFF-MARKET
Medical Office Space
316 Main St, Rockwell, NC 28138-6761
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-2433725
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Total area
7,209 SF
Lot
1.2 ac (52,098 SF)
Zoning code
B2:RETAIL BUSINESS
APN
364 058
UPID
US53-2433725
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
-
Novant Health Primary Care East Rowan Medical Clinic
-
Dr. Bradley S. Chotiner, MD Pediatrician Physician
-
Dr. Joseph A. Oliver III, MD Medical Clinic
-
Dr. Perry S. Agbuya, DO Pediatrician Medical Clinic
-
LeeAnne H. Broadway, FNP Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nromandy Prtn LLC · 4 yrs held
Nromandy Prtn LLC
since 2022
Last sale
$200,000
2 recorded transactions
Zoning & alternative use
B2:RETAIL BUSINESS · Rockwell, 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 Rockwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockwell 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,221
Tax year 2023
Assessed value
$405,840
Assessed 2023
Previous assessed
$678,252
-40.2% YoY
Effective rate
1.04%
On assessed value
Assessed land
$160,776
Assessed improvement
$245,064
Land market value
$160,776
Improvement market value
$245,064
Total market value
$405,840
Applied tax rate
109.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1982
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
7,209 SF
Lot
1.2 ac (52,098 SF)
Zoning code
B2:RETAIL BUSINESS
APN
364 058
UPID
US53-2433725
Jurisdiction
ROWAN
Zoning & alternative use
B2:RETAIL BUSINESS · Rockwell, NC
Zoning B2:RETAIL BUSINESS · permitted uses
B2:RETAIL BUSINESS · Rockwell, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockwell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Nromandy Prtn LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 3608, MOORESVILLE, NC 28117-3608
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
$200,000
Nromandy Prtn LLC
Rowan Health Services Corp
Special Warranty Deed
—
Jan 19, 2022
—
Normandy Prtn LLC
Rowan Health Services Corp
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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