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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Medical Office Space
400 Health Park Dr Garner, NC 27529-6933
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-3737280
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,718 SF
Lot
1.38 ac (60,113 SF)
Zoning code
CMX
APN
1720.15-54-6752 0322306
UPID
US53-3737280
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
-
Colm J. O'Loughlin, MD Physician
-
George L. Adams, MD, MHS, FACC Physician
-
Mateen Akhtar, MD, FACC Physician
-
Amanda Irons Wilson, PA-C Physician
-
Sara Liles, FNP-C Physician Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Cpg Pia Health Park LLC · 7 yrs held
Cpg Pia Health Park LLC
since 2019
4 recorded transactions
Zoning & alternative use
CMX · Garner, 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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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%
$2,445,000
6.5%
$2,255,000
7%
$2,095,000
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±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
$157 / 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
$27,099
Tax year 2023
Assessed value
$2,110,504
Assessed 2023
Previous assessed
$2,110,504
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$364,668
Assessed improvement
$1,745,836
Land market value
$364,668
Improvement market value
$1,745,836
Total market value
$2,110,504
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,718 SF
Lot
1.38 ac (60,113 SF)
Zoning code
CMX
APN
1720.15-54-6752 0322306
UPID
US53-3737280
Jurisdiction
WAKE
Zoning & alternative use
CMX · Garner, NC
Zoning CMX · permitted uses
CMX · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Cpg Pia Health Park LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1330 SAINT MARYS ST STE #100, RALEIGH, NC 27605-3334
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2019
—
Cpg Pia Health Park LLC
Cpg Pia Healthpark 400 LLC
Quit Claim Deed
related
—
Mar 7, 2018
—
Cpg Pia Healthpark 400 LLC
Cpg Pia Health Park LLC
Quit Claim Deed
related
—
Oct 28, 2010
$336,200
Cpg Pia Health Park LLC
Nichols,charles E JR
Trustees Deed
—
—
—
Cpg Pia Health Park LLC
—
Deed Of Trust
related
$4,950,000 · Newstar Financial INC
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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