Technical
Financial
Distress signals
Property profile

507 Highland Park Dr Summerfield, NC 27358

OFF-MARKET
Medical Office Space
Property ID
US53-3859384
3,841 SF 0.47 ac lot Built 2013
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2013
Total area 3,841 SF
Lot 0.47 ac (20,389 SF)
Zoning code HWY BUS EDEN
APN 7979-08-78-9874-00
UPID US53-3859384

Cap rate & NOI

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

Location

507 Highland Park Dr Summerfield, NC 27358
Summerfield metro Census 40300 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$695k
Comparable Approach Comparable
$549k
Blend (final) Blend
$625k

Owner & transaction history

since 2014
6 recorded transactions
2019
Price N/A
2014
Price N/A
2012
$27,500
2005
$162,000
2005
$158,000
1969
Price N/A

Zoning & alternative use

HWY BUS EDEN · Summerfield, NC
Top alternative use upside
Commercial (general) $490,000 +16.8%
Office building $430,000 +2.4%

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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