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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office Spaces
3601 Clemmons Rd Clemmons, NC 27012-8724
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US53-5603816
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2009
Construction
WOOD FRAME
Total area
3,710 SF
Lot
0.53 ac (23,087 SF)
Zoning code
NO-S
APN
5892-29-4540.00
UPID
US53-5603816
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
-
Southern Luxe Realty Real Estate Agency
-
Trace Tilley - REALTOR® Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$592k
Blend (final)
Blend
$560k
Owner & transaction history
Jmd Properties · 19 yrs held
Jmd Properties
since 2007
3 recorded transactions
Zoning & alternative use
NO-S · Clemmons, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$695,000
+78.5%
Auto repair, garage
$555,000
+43.5%
Retail stores
$505,000
+30.4%
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 Clemmons submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clemmons 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%
$625,000
6.5%
$580,000
7%
$535,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$390,000
Current use
MEDICAL BUILDING
$695,000
Change: +79% · Conversion: Easy
AUTO REPAIR, GARAGE
$555,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$505,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$151 / 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
$5,172
Tax year 2024
Assessed value
$636,300
Assessed 2024
Previous assessed
$636,300
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$229,100
Assessed improvement
$407,200
Land market value
$229,100
Improvement market value
$407,200
Total market value
$636,300
Applied tax rate
8,864.0000
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
OFFICE (GENERAL)
Status
Off-Market
Year built
2009
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Rooms
6
Bathrooms
2
Total area
3,710 SF
Lot
0.53 ac (23,087 SF)
Zoning code
NO-S
APN
5892-29-4540.00
UPID
US53-5603816
Jurisdiction
FORSYTH
Zoning & alternative use
NO-S · Clemmons, NC
Zoning NO-S · permitted uses
NO-S · Clemmons, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clemmons. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$390,000
MEDICAL BUILDING
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$555,000
RETAIL STORES
Est. value
$505,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2009
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
6
Bathrooms
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Jmd Properties
Entity
Mailing address
PO BOX 1674, CLEMMONS, NC 27012-1674
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2007
$275,000
Jmd Properties
Joseph Rajacich
Warranty Deed
$300,000 · Yadkin Valley Bank & Trust Co
Oct 29, 2002
$199,000
Joseph Rajacich
Adams,rich
Grant Deed
$182,000 · Branch Banking & Trust Co
—
—
Bfg Properties LLC
—
Deed Of Trust
related
$616,250 · Capital Bank NA
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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