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Property profile & analytics
OFF-MARKET
Medical Office Space
6 Medical Park Dr Lexington, NC 27292-6768
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1356361
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Construction
FRAME
Total area
1,911 SF
Lot
0.56 ac (24,394 SF)
Zoning code
PD
APN
11-343-E-000-0006
UPID
US53-1356361
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
-
Central Carolina Dermatology: Smith Edward S MD Physician Medical Clinic
-
Central Carolina Dermatology: Strauss Brian S MD Physician Medical Clinic
-
Central Carolina Dermatology: Migliardi Robert T MD Physician Medical Clinic
-
Central Carolina Dermatology: Hollar Carlin B MD Physician Medical Clinic
-
Dr. Stephen R. Uhlin, MD 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
Skum Investment Properties LLC · 5 yrs held
Skum Investment Properties LLC
since 2020
2 recorded transactions
Zoning & alternative use
PD · Lexington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Planned Development Zoning District
General category
PLANNED_DEVELOPMENT
Zone area
185.48 ac
Source
Realmo
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,838
Tax year 2023
Assessed value
$369,310
Assessed 2023
Previous assessed
$369,310
+0.0% YoY
Effective rate
1.31%
On assessed value
Land market value
$146,360
Improvement market value
$222,950
Total market value
$369,310
Applied tax rate
11.0000
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
1991
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,911 SF
Lot
0.56 ac (24,394 SF)
Zoning code
PD
APN
11-343-E-000-0006
UPID
US53-1356361
Jurisdiction
DAVIDSON
Zoning & alternative use
PD · Lexington, NCZoning PD · permitted uses
PD · Lexington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Planned Development Zoning District
General category
PLANNED_DEVELOPMENT
Zone area
185.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Skum Investment Properties LLC
Entity
Mailing address
404 WESTWOOD AVE STE #107, HIGH POINT, NC 27262-4316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2020
—
Skum Investment Properties LLC
—
Deed
related
$908,000 · First National Bank Of Pennsylvania
—
—
Skum Investment Properties LLC
—
Deed Of Trust
related
$924,637 · Newbridge Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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