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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Office Spaces
6580 Shallowford Rd, Lewisville, NC 27023-8729
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3976795
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Construction
WOOD FRAME
Total area
6,000 SF
Lot
0.81 ac (35,284 SF)
Zoning code
LD1-S
APN
5875-96-7554.00
UPID
US53-3976795
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
-
Will Wilkins - State Farm Insurance Agent Insurance Agency
-
Lewisville Laser & Aesthetics Medical Clinic Skin Care Clinic
-
Allred Amy Law Firm
-
Samaya Organics Specialty Food Shop Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$914k
Blend (final)
Blend
$930k
Owner & transaction history
Solomon Dev LLC · 18 yrs held
Solomon Dev LLC
since 2007
4 recorded transactions
Zoning & alternative use
LD1-S · Lewisville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+78.5%
Auto repair, garage
$900,000
+43.5%
Retail stores
$820,000
+30.4%
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%
$1,015,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
MEDICAL BUILDING
$1,120,000
Change: +79% · Conversion: Easy
AUTO REPAIR, GARAGE
$900,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$820,000
Change: +30% · Conversion: Easy
INDUSTRIAL (GENERAL)
$575,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$155 / 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
Assessed value
$775,800
Assessed 2024
Previous assessed
$775,800
+0.0% YoY
Assessed improvement
$775,800
Improvement market value
$775,800
Total market value
$775,800
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Rooms
6
Bathrooms
1
Total area
6,000 SF
Lot
0.81 ac (35,284 SF)
Zoning code
LD1-S
APN
5875-96-7554.00
UPID
US53-3976795
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
COMMERCIAL (GENERAL) Current
Est. value
$630,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$900,000
RETAIL STORES
Est. value
$820,000
INDUSTRIAL (GENERAL)
Est. value
$575,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2007
Construction
WOOD FRAME
Heating
HEAT PUMP
Stories
1
Rooms
6
Bathrooms
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Solomon Dev LLC
Entity
Mailing address
6614 SHALLOWFORD RD, LEWISVILLE, NC 27023-9303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2007
—
Solomon Dev LLC
Wz1 LLC
Warranty Deed
$260,000 · Bank Of North Carolina
Dec 11, 2007
—
Offices Owners A Shallowford
Owner Name Unavailable
Quit Claim Deed
related
—
Oct 11, 2006
—
Wz1 LLC
Wilkins,william E & Lisa R
Warranty Deed
$520,000 · Bank Of North Carolina
Dec 9, 2005
$135,000
William E Wilkins
Floyd,catherine W
Warranty Deed
$108,000 · Southstar Funding LLC
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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