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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Medical Office Space
6630 Shallowford Rd, Lewisville, NC 27023-9504
Individually Owned
14-yr Hold
Free & Clear
Property ID
US53-2492634
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Construction
BRICK
Total area
10,319 SF
Lot
1.79 ac (77,972 SF)
Zoning code
LD1-S
APN
5875-96-2386.00
UPID
US53-2492634
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
-
Atrium Health Wake Forest Baptist | Diagnostic Imaging - Lewisville Medical Clinic
-
Angela M. Morris, MD Physician
-
Kyle Christopher Levitt, DO Physician
-
Miranda Turner Pediatrician Physician
-
Morgan Tucker Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.87M
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.72M
Owner & transaction history
Wake Forest Univ Baptist Medic · 14 yrs held
Wake Forest Univ Baptist Medic
since 2012
2 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%
$2,030,000
6.5%
$1,870,000
7%
$1,740,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,925,000
Current use
AUTO REPAIR, GARAGE
$1,550,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±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
$167 / 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
$19,280
Tax year 2024
Assessed value
$2,316,400
Assessed 2024
Previous assessed
$2,316,400
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$496,000
Assessed improvement
$1,820,400
Land market value
$496,000
Improvement market value
$1,820,400
Total market value
$2,316,400
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
2012
Construction
BRICK
Heating
NONE
Stories
1
Total area
10,319 SF
Lot
1.79 ac (77,972 SF)
Zoning code
LD1-S
APN
5875-96-2386.00
UPID
US53-2492634
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
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
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
2012
Construction
BRICK
Heating
NONE
Stories
1
Lot
1.79 ac
Current owner
From public records · entity-resolved
Wake Forest Univ Baptist Medic
Individual
Free & Clear · 14 yrs held
Mailing address
MEDICAL CTR BLVD, WINSTON SALEM, NC 27157-0001
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Jun 11, 2012
$285,000
Wake Forest Univ Baptist Medic
Bahrani,khosrow & Nasrin
Warranty Deed
—
—
—
Khosrow Bahrani
—
Deed Of Trust
related
$80,000 · Piedmont Federal S & L Assn
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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