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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Office Spaces
3802 Clemmons Rd, Clemmons, NC 27012-8478
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-0332152
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1998
Construction
BRICK
Total area
11,528 SF
Lot
0.8 ac (34,848 SF)
Zoning code
LO-S
APN
5882-99-4285.00
UPID
US53-0332152
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
-
Womble T Dan Law Firm
-
Clemmons Veterans Service Center - NCDVA State Government Office Veterans Center
-
Calming Corner Counseling, PLLC Counselor
-
Weaver Patricia G Counselor
-
Curtis Edwards Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.80M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.48M
Owner & transaction history
Christopher D Lane · 6 yrs held
Christopher D Lane
since 2020
5 recorded transactions
Zoning & alternative use
LO-S · Clemmons, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+78.5%
Auto repair, garage
$1.7M
+43.5%
Retail stores
$1.6M
+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%
$1,945,000
6.5%
$1,795,000
7%
$1,665,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,205,000
Current use
MEDICAL BUILDING
$2,155,000
Change: +79% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,730,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$1,575,000
Change: +30% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,100,000
Change: -9% · Conversion: Moderate
WAREHOUSE, STORAGE
$970,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$128 / 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
$10,668
Tax year 2024
Assessed value
$1,214,100
Assessed 2024
Previous assessed
$1,214,100
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$320,200
Assessed improvement
$893,900
Land market value
$320,200
Improvement market value
$893,900
Total market value
$1,214,100
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
1998
Construction
BRICK
Heating
FORCED AIR
Stories
2
Total area
11,528 SF
Lot
0.8 ac (34,848 SF)
Zoning code
LO-S
APN
5882-99-4285.00
UPID
US53-0332152
Jurisdiction
FORSYTH
Zoning & alternative use
LO-S · Clemmons, NC
Zoning LO-S · permitted uses
LO-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
$1.2M
MEDICAL BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$970,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1998
Construction
BRICK
Heating
FORCED AIR
Stories
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Christopher D Lane
Individual
Mailing address
3802 CLEMMONS RD, CLEMMONS, NC 27012-8478
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Mar 12, 2020
$70,000
Christopher D Lane
Bennent W Fendley
Grant Deed
—
Sep 30, 2015
—
Terdan Properties LLC
Easystreet Properties LLC
Grant Deed
$1,296,000 · Branch Bk&tr
Jun 7, 2005
—
Easystreet Properties LLC
—
Trustees Deed
related
$150,000 · Flossie Walker
Jun 26, 2001
—
Easystreet Properties LLC
Bardan Properties LLC
Grant Deed
$1,115,000 · First Citizens Bank & Trust Co
—
—
Easystreet Properties LLC
—
Deed Of Trust
related
$850,000 · 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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