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Property profile & analytics
OFF-MARKET
Estimated value
$2,995,000
Commercial real estate
373 Fayetteville St Asheboro, NC 27203-5507
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1637133
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1933
Total area
312,205 SF
Lot
6.83 ac (297,515 SF)
Zoning code
B2
APN
7751852004
UPID
US53-1637133
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
-
Dr. Christine Mccarty Physician
-
Dequincy Lewis Physician
-
Dr. Sandra E. Mitchell, MD Physician
-
Christine H. McCarty, MD Physician
-
Randolph Cancer Center Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
American Healthcare Systems LLC · 5 yrs held
American Healthcare Systems LLC
since 2021
Last sale
$3.2M
3 recorded transactions
Zoning & alternative use
B2 · 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
Method
Estimation
Statistic approach
$2,720,000
ML approach
$2,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.29M · ±10% · vs last sale $3.20M (Jul 2 2021)
Last sale anchor
$3.20M
Jul 2 2021
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
$10 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$342,576
Tax year 2023
Assessed value
$25,848,960
Assessed 2023
Previous assessed
$18,495,560
+39.8% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,235,640
Assessed improvement
$23,613,320
Land market value
$2,235,640
Improvement market value
$23,613,320
Total market value
$25,848,960
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1933
Heating
FORCED AIR
Cooling
CENTRAL
Total area
312,205 SF
Lot
6.83 ac (297,515 SF)
Zoning code
B2
APN
7751852004
UPID
US53-1637133
Jurisdiction
RANDOLPH
Zoning & alternative use
B2 · Asheboro, NC
Zoning B2 · permitted uses
B2 · 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
1933
Heating
FORCED AIR
Cooling
Yes
Lot
6.83 ac
Current owner
From public records · entity-resolved
American Healthcare Systems LLC
Entity
Mailing address
PO BOX 1048, ASHEBORO, NC 27204-1048
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
—
American Healthcare Systems LLC
—
Deed
related
$12,000,000 · Randolph County
Jul 2, 2021
$3,600,000
American Healthcare Systems LLC
Randolph Hospital INC
Special Warranty Deed
$5,700,000 · Homespring Mortgage LLC
—
—
Randolph Hospital INC
—
Deed Of Trust
related
$50,000,000 · Bank Of America
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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