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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Medical Office Space
6570 Shallowford Rd, Lewisville, NC 27023-8651
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5391958
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
WOOD FRAME
Total area
11,068 SF
Lot
0.74 ac (32,234 SF)
Zoning code
LD1-S
APN
5875-96-8608.00
UPID
US53-5391958
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
-
Southern Dental Associates of Lewisville Dental Office
-
Dr. Ellyn Johnson Physician
-
Nicholas Cornwell Dental Office
-
Dr. Jeffrey Tarr Physician
-
Chad Edwin Shobe Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
$987k
Blend (final)
Blend
$1.55M
Owner & transaction history
Jltb Holdings LLC · 17 yrs held
Jltb Holdings LLC
since 2009
7 recorded transactions
Zoning & alternative use
LD1-S · Lewisville, 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 Lewisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewisville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,175,000
6.5%
$2,010,000
7%
$1,865,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,065,000
Current use
AUTO REPAIR, GARAGE
$1,660,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10%
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
$140 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$16,108
Tax year 2024
Assessed value
$1,826,900
Assessed 2024
Previous assessed
$1,826,900
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$236,700
Assessed improvement
$1,590,200
Land market value
$236,700
Improvement market value
$1,590,200
Total market value
$1,826,900
Applied tax rate
7,884.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2009
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Rooms
10
Bathrooms
2
Total area
11,068 SF
Lot
0.74 ac (32,234 SF)
Zoning code
LD1-S
APN
5875-96-8608.00
UPID
US53-5391958
Jurisdiction
FORSYTH
Zoning & alternative use
LD1-S · Lewisville, NC
Zoning LD1-S · permitted uses
LD1-S · Lewisville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lewisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Rooms
10
Bathrooms
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
Jltb Holdings LLC
Entity
Mailing address
1690 RIV ST, WILKESBORO, NC 28697-7630
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2019
—
Lws Holding LLC
—
Deed
related
$1,691,500 · First Citizens Bank & Trust Co
Apr 30, 2009
—
Jltb Holdings LLC
Browder,thomas & Deana H
Warranty Deed
$1,400,000 · Southern Community Bank
Sep 23, 2008
$370,000
Thomas Browder
Longleaf & Douglas LLC
Warranty Deed
$270,000 · Southern Community Bank
Aug 9, 2005
$258,000
Longleaf & Douglas LLC
Roselli,joseph & Connie E
Warranty Deed
—
—
—
Liner Pa
—
Deed Of Trust
related
$300,000 · Southern Community Bank
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$1,725,000 · Branch Banking & Trust Co
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$1,940,000 · Live Oak Bkg
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$1,940,000 · Live Oak Bkg
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$920,500 · Branch Banking & Trust Co
—
—
Jltb Holdings LLC
—
Deed Of Trust
related
$1,683,000 · Branch Banking & Trust Co
—
—
Joseph Roselli
—
Deed Of Trust
related
$36,362 · Beneficial Mortgage Co Nc
—
—
Joseph Roselli
—
Deed Of Trust
related
$148,000 · Charter One Mortgage Corp
—
—
Joseph Roselli
—
Deed Of Trust
related
$50,000 · First Union National Bank
—
—
Joseph Roselli
—
Deed Of Trust
related
$240,000 · Equifirst Corp
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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