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Property profile & analytics
OFF-MARKET
Medical Office Space
417 Warren St, Shelby, NC 28150-5368
Entity Owned
Free & Clear
Property ID
US53-2696108
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Total area
4,891 SF
Lot
0.82 ac (35,676 SF)
Zoning code
RO
APN
17629
UPID
US53-2696108
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
-
Laughter Liz Dental Office
-
Dr. David E. Trawick, DDS Dental Office
-
Pain Clinic of North Carolina Physician
-
Lee Gray III, MD Physician
-
Damien Bailey Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mmam LLC
Mmam LLC
since 2025
Last sale
$200,000
6 recorded transactions
Zoning & alternative use
RO · Shelby, 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 Shelby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelby 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,271
Tax year 2024
Assessed value
$603,434
Assessed 2023
Previous assessed
$603,434
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$42,556
Assessed improvement
$560,878
Land market value
$42,556
Improvement market value
$560,878
Total market value
$603,434
Applied tax rate
6.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
4,891 SF
Lot
0.82 ac (35,676 SF)
Zoning code
RO
APN
17629
UPID
US53-2696108
Jurisdiction
CLEVELAND
Zoning & alternative use
RO · Shelby, NC
Zoning RO · permitted uses
RO · Shelby, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Mmam LLC
Entity
Free & Clear · 0 yrs held
Mailing address
251 GRAYSON DR, RUTHERFORDTON, NC 28139-2139
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2025
—
Mmam LLC
Milena Patricia Mcbrayer
Warranty Deed
—
Aug 12, 2025
—
Mmam LLC
Milena Patricia Mcbrayer
Warranty Deed
—
Apr 19, 2024
—
Milena Patricia Mcbrayer
Wfmjr Investments LLC
Quit Claim Deed
related
—
Oct 5, 2018
$200,000
Wfmjr Investments LLC
Southeast Real Estate Dev LLC
Warranty Deed
—
Sep 5, 2013
$500,000
Southeast Real Estate Developm
The Co
Grant Deed
—
—
—
Southeast Real Estate Developm
—
Deed Of Trust
related
$527,000 · Branch Bk&tr
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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