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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Office Spaces
3551 Dunn Rd Eastover, NC 28312-9416
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5763531
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1936
Total area
14,298 SF
Lot
2.23 ac (97,139 SF)
Zoning code
CP
APN
0468-39-5055
UPID
US53-5763531
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
$2.87M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$2.66M
Owner & transaction history
Hancock Family Holdings LLC · 4 yrs held
Hancock Family Holdings LLC
since 2021
5 recorded transactions
Zoning & alternative use
CP · Eastover, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+32.4%
Medical building
$2.4M
+6.2%
Auto repair, garage
$2.4M
+5.5%
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 Eastover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastover 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%
$3,105,000
6.5%
$2,870,000
7%
$2,665,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,270,000
Current use
RESTAURANT
$3,005,000
Change: +32% · Conversion: Moderate
MEDICAL BUILDING
$2,410,000
Change: +6% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,395,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,885,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±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
$186 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$2,097,411
Assessed 2023
Previous assessed
$2,072,978
+1.2% YoY
Assessed land
$72,230
Assessed improvement
$2,025,181
Land market value
$72,230
Improvement market value
$2,025,181
Total market value
$2,097,411
Applied tax rate
9,000.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1936
Heating
NONE
Stories
1
Total area
14,298 SF
Lot
2.23 ac (97,139 SF)
Zoning code
CP
APN
0468-39-5055
UPID
US53-5763531
Jurisdiction
CUMBERLAND
Zoning & alternative use
CP · Eastover, NC
Zoning CP · permitted uses
CP · Eastover, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eastover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
RESTAURANT
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1936
Heating
NONE
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Hancock Family Holdings LLC
Entity
Mailing address
2015 VALLEYGATE DR STE #201, FAYETTEVILLE, NC 28304-3761
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 22, 2021
$640,000
Hancock Family Holdings LLC
Eastover Property Management LLC
Warranty Deed
$640,000 · The Fidelity Bank
Oct 3, 2016
$625,000
Raynor Properties Of Hope Mills LLC
Cam Properties Of Fayetteville LLC
Warranty Deed
$1,871,500 · Capitalsource
Sep 28, 2006
$600,000
Eastover Dev Partners LLC
Eastover Investments INC
Warranty Deed
related
$600,000 · Branch Bk&tr
—
—
Eastover Property Mgmt LLC
—
Deed Of Trust
related
$705,400 · Rbc Bank (usa)
—
—
Eastover Investments INC
—
Deed Of Trust
related
$90,000 · Rbc Centura Bank
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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