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Property profile & analytics
OFF-MARKET
Assisted living facilities
320 M L King Jr Blvd Siler City, NC 27344-3113
Entity Owned
8-yr Hold
Property ID
US53-1656434
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1982
Construction
WOOD
Total area
2,970 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R-10
APN
62723
UPID
US53-1656434
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hds Chatham County Housing · 8 yrs held
Hds Chatham County Housing
since 2017
2 recorded transactions
Zoning & alternative use
R-10 · Siler City, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-10 district is designed primarily to accommodate single family detached residential uses, excluding manufactured homes, at medium densities in areas served by Town water and sewer facilities. Two Family and multi family residences are allowed in the R-10 district.
Zone name
Residential
General category
RESIDENTIAL
Zone area
1,279.79 ac
Source
Realmo
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 Siler City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Siler City 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
$2,038
Tax year 2023
Assessed value
$166,346
Assessed 2023
Previous assessed
$166,346
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$46,000
Assessed improvement
$120,346
Land market value
$46,000
Improvement market value
$120,346
Total market value
$166,346
Applied tax rate
202.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
2,970 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R-10
APN
62723
UPID
US53-1656434
Jurisdiction
CHATHAM
Zoning & alternative use
R-10 · Siler City, NCZoning R-10 · permitted uses
R-10 · Siler City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-10 district is designed primarily to accommodate single family detached residential uses, excluding manufactured homes, at medium densities in areas served by Town water and sewer facilities. Two Family and multi family residences are allowed in the R-10 district.
Zone name
Residential
General category
RESIDENTIAL
Zone area
1,279.79 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Hds Chatham County Housing
Entity
Mailing address
PO BOX 5711, SILER CITY, NC 27344
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Dec 13, 2017
—
Hds Chatham County Housing
—
Deed
related
$25,070 · Bank Of Ny Mellon
—
—
Hds Chatham County Housing
—
Deed Of Trust
related
$25,070 · Bank Of Ny Mellon
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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