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Property profile & analytics
OFF-MARKET
Office buildings
350 Cox St, Asheboro, NC 27203-5566
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US53-1301040
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
WOOD
Total area
3,400 SF
Lot
0.03 ac (1,307 SF)
Zoning code
OA6
APN
7751942085
UPID
US53-1301040
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
-
Nelson Lionel DDS Dental Office
-
Williamson Alfonza H DDS Dental Office
-
Asheboro Children's Health Inc Pediatrician Medical Clinic
-
Daryl R. Hill, DDS Dental Office
-
Piedmont Endodontics Dental Office
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
Blake Properties LLC · 21 yrs held
Blake Properties LLC
since 2005
Last sale
$425,000
5 recorded transactions
Zoning & alternative use
OA6 · Asheboro, 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 Asheboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Asheboro 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
$3,753
Tax year 2023
Assessed value
$206,070
Assessed 2023
Previous assessed
$233,980
-11.9% YoY
Effective rate
1.82%
On assessed value
Assessed land
$30,800
Assessed improvement
$175,270
Land market value
$30,800
Improvement market value
$175,270
Total market value
$206,070
Applied tax rate
1.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,400 SF
Lot
0.03 ac (1,307 SF)
Zoning code
OA6
APN
7751942085
UPID
US53-1301040
Jurisdiction
RANDOLPH
Zoning & alternative use
OA6 · Asheboro, NC
Zoning OA6 · permitted uses
OA6 · Asheboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Asheboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Blake Properties LLC
Entity
Mailing address
PO BOX 10, ASHEBORO, NC 27204-0010
Ownership since
2005
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
Jul 16, 2007
—
Bo-tie Properties
—
Trustees Deed
related
$43,147 · Communityone Bank
May 12, 2005
$450,000
Blake Properties LLC
Romney Properties LLC
Warranty Deed
related
$510,000 · Randolph Bk&tr
Nov 30, 2004
$218,000
No 9 Associates LLC
Mid-state Associates
Warranty Deed
related
$238,000 · Carolina Bank Asheboro
Sep 28, 2004
—
Dlm & Dam Properties LLC
Martin,dwight L & Deborah A
Warranty Deed
related
$155,000 · Randolph Bank & Trust Co
—
—
No 9 Associates LLC
—
Deed Of Trust
related
$255,000 · Carolina Bank Asheboro
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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