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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Medical Office Space
704 Dickerson St Burgaw, NC 28425-4904
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-2453260
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1991
Total area
7,560 SF
Lot
3 ac (130,680 SF)
Zoning code
RA
APN
3228-49-0923-0000
UPID
US53-2453260
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
-
DaVita Sedc Burgaw Dialysis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$590k
Owner & transaction history
Arg Di51pck001 LLC · 6 yrs held
Arg Di51pck001 LLC
since 2019
7 recorded transactions
Zoning & alternative use
RA · Burgaw, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$955,000
+43.4%
Restaurant
$855,000
+28.2%
Auto repair, garage
$715,000
+7.7%
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 Burgaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burgaw 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$665,000
Current use
RETAIL STORES
$955,000
Change: +43% · Conversion: Difficult
RESTAURANT
$855,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$715,000
Change: +8% · Conversion: Difficult
WAREHOUSE, STORAGE
$600,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$78 / 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
Property tax & assessments
Assessed value
$760,144
Assessed 2023
Previous assessed
$760,144
+0.0% YoY
Assessed land
$82,000
Assessed improvement
$678,144
Land market value
$82,000
Improvement market value
$678,144
Total market value
$760,144
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
1991
Heating
HEAT PUMP
Stories
1
Bathrooms
2
Total area
7,560 SF
Lot
3 ac (130,680 SF)
Zoning code
RA
APN
3228-49-0923-0000
UPID
US53-2453260
Jurisdiction
PENDER
Zoning & alternative use
RA · Burgaw, NC
Zoning RA · permitted uses
RA · Burgaw, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burgaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$665,000
RETAIL STORES
Est. value
$955,000
RESTAURANT
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$715,000
WAREHOUSE, STORAGE
Est. value
$600,000
MEDICAL BUILDING Current
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1991
Heating
HEAT PUMP
Stories
1
Bathrooms
2
Lot
3 ac
Current owner
From public records · entity-resolved
Arg Di51pck001 LLC
Entity
Mailing address
PO BOX 5414, NEW YORK, NY 10185-5414
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2020
—
Arg Di51pck001 LLC
—
Deed
related
$715,000,000 · Column Financial INC
Oct 11, 2019
$1,684,500
Arg Di51pck001 LLC
Elliott Bay Healthcare Realty
Grant Deed
—
Jun 7, 2017
—
Elliott Bay Healthcare Realty
—
Grant Deed
related
$260,000,000 · Cortland Products Corp
Jul 26, 2016
$1,520,000
Elliott Bay Healthcare Realty
Drsk 5 LLC
Warranty Deed
—
Aug 19, 2009
—
Drsk 5 LLC
Ddc Portfolio Landlord LLC
Warranty Deed
$975,000 · Great Lakes Cu
Jul 16, 2008
$1,221,500
Ddc Portfolio Landlord LLC
Nixon-almkuist Properties LLC
Warranty Deed
—
—
—
Drsk 5 LLC
—
Deed Of Trust
related
$940,000 · Branch Bk&tr
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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