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Property profile

401 Mulberry SW St Lenoir, NC 28645

OFF-MARKET
Medical Office Space
Property ID
US53-1934189
View Sample
26,077 SF 3.24 ac lot Built 1982
Entity Owned Free & Clear

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,077 SF
Lot 3.24 ac (141,134 SF)
APN 09 35 7 36
UPID US53-1934189

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$2.10M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $2.7M +39.0%
Commercial (general) $2.3M +15.7%
Restaurant $2.2M +11.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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