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Property profile & analytics
OFF-MARKET
Estimated value
$385,000
Office Spaces
5511 Ramsey St Fayetteville, NC 28311-1497
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-3325525
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2001
Total area
2,011 SF
Lot
0.76 ac (33,106 SF)
Zoning code
OI
APN
0530-64-8470
UPID
US53-3325525
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
-
State Farm Insurance Insurance Agency
-
Salon 103 Hair Salon
-
Teresa View, Broker Associate Real Estate Agency
-
Ron Gearing - Manning Realty Real Estate Agency
-
Thrones Coiffeur and Supply Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$385k
Owner & transaction history
Radiant Wellness & Aesthetics PLLC · 2 yrs held
Radiant Wellness & Aesthetics PLLC
since 2024
Last sale
$385,000
7 recorded transactions
Zoning & alternative use
OI · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Residential 6 (SF-6) District 30-3.D.5. Mixed Residential 5 (MR-5) District 30-3.D.6. Manufactured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (CC)…
Zone name
Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
637.54 ac
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$385,000
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$385k
Range $347k – $424k · ±10% · vs last sale $385k (Jul 31 2024)
Last sale anchor
$385k
Jul 31 2024
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
$191 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$1,649,783
Assessed 2023
Previous assessed
$1,649,783
+0.0% YoY
Assessed land
$306,466
Assessed improvement
$1,343,317
Land market value
$306,466
Improvement market value
$1,343,317
Total market value
$1,649,783
Applied tax rate
1,000.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Bathrooms
9
Total area
2,011 SF
Lot
0.76 ac (33,106 SF)
Zoning code
OI
APN
0530-64-8470
UPID
US53-3325525
Jurisdiction
CUMBERLAND
Zoning & alternative use
OI · Fayetteville, NCZoning OI · permitted uses
OI · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Residential 6 (SF-6) District 30-3.D.5. Mixed Residential 5 (MR-5) District 30-3.D.6. Manufactured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (OI) District 30-3.E.3. Neighborhood Commercial (NC) District 30-3.E.4. Limited Commercial (LC) District 30-3.E.5. Community Commercial (CC) District 30-3.E.6. Mixed-Use (MU) District 30-3.E.7.A. Business Park (BP) District
Zone name
Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
637.54 ac
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
1
Bathrooms
9
Lot
0.76 ac
Current owner
From public records · entity-resolved
Radiant Wellness & Aesthetics PLLC
Individual
Free & Clear · 2 yrs held
Mailing address
534 CARTERET PL STE #100, FAYETTEVILLE, NC 28311-1532
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
$385,000
Radiant Wellness & Aesthetics PLLC
Bem Investors Of Nc LLC
Special Warranty Deed
—
Jul 31, 2024
—
Radiant Wellness & Aesthetics PLLC
—
Deed
related
$266,000 · Iserve Residential Lending LLC
May 15, 2024
$185,000
Im Properties & Rentals LLC
Sharon Iiinton Smith
Special Warranty Deed
$148,000 · First Citizens Bank & Trust Co
Sep 27, 2023
$140,000
Bodkins Creek Holdings LLC
Skibo Properties LLC
Deed
—
Jun 2, 2023
$100,000
Melvin Lamonico JR
Latasha Shipman Ganus
Special Warranty Deed
$56,900 · Latasha Shipman Ganus
Jun 2, 2023
—
Im Enterprise Group LLC
Melvin Lamontico JR
Special Warranty Deed
—
Jan 19, 2023
$185,000
Maven Investment Properties LLC
Deana Manning Realty LLC
Warranty Deed
—
Jan 19, 2023
$360,000
Matol Holdings LLC
Ralph Huff Family Limited Partnersh
Warranty Deed
—
Jan 19, 2023
—
Maven Investment Properties LLC
—
Deed
related
$177,000 · Deana Manning Realty LLC
Jan 10, 2023
$45,000
Latasha Nicola Shipman Ganus
Deana Manning Realty LLC
Warranty Deed
$35,000 · Deana Marusing Realty LLC
Dec 20, 2022
$208,000
Bem Investors Of Nc LLC
Deana Manning Realty LLC
Warranty Deed
—
Aug 11, 2022
—
Sharon Hinton Smith
Mariorie S Seiple
Quit Claim Deed
related
—
Mar 10, 2022
—
Sharon Hinton Smith
Mary Catherine Smith
Deed
related
—
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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