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Property profile & analytics
OFF-MARKET
Medical Office Space
707 King St Kings Mountain, NC 28086-2707
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2571852
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Total area
2,792 SF
Lot
0.68 ac (29,700 SF)
Zoning code
RO
APN
8571
UPID
US53-2571852
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
-
kings mountain and surrounding area cosmetic alterations care Medical Clinic
-
Carolina Wellness & Cosmetic Laser Center Weight Loss Service Laser Hair Removal Service
-
Carolina Family Care: Gelot Deepak R MD Pediatrician Physician
-
CAROLINA FAMILY CARE Medical Clinic
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
Tarheel Leasing And Development LLC · 4 yrs held
Tarheel Leasing And Development LLC
since 2021
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
RO · Kings Mountain, 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 Kings Mountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kings Mountain 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,969
Tax year 2024
Assessed value
$339,931
Assessed 2023
Previous assessed
$339,931
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$95,462
Assessed improvement
$244,469
Land market value
$95,462
Improvement market value
$244,469
Total market value
$339,931
Applied tax rate
4.0000
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
1983
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Total area
2,792 SF
Lot
0.68 ac (29,700 SF)
Zoning code
RO
APN
8571
UPID
US53-2571852
Jurisdiction
CLEVELAND
Zoning & alternative use
RO · Kings Mountain, NCZoning RO · permitted uses
RO · Kings Mountain, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Tarheel Leasing And Development LLC
Entity
Mailing address
144 NORTHSHORE DR, CHERRYVILLE, NC 28021-8314
Ownership since
2021
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
Sep 10, 2021
$450,000
Tarheel Leasing And Development LLC
Michael T Lovelace
Warranty Deed
$375,000 · Alliance Bank & Trust Co
Jul 28, 2020
—
Michael T Lovelace
—
Deed
related
$350,000 · Alliance Bk
Aug 23, 2017
—
Michael T Lovelace
—
Deed
related
$356,000 · Premier Federal Credit Union
Dec 14, 2016
$574,600
Hometrust Bk
Boyd William R JR|atlantic Carolinas Capital LLC
Trustees Deed
related
—
—
—
Atlantic Carolinas Capital LLC
—
Deed Of Trust
related
$275,000 · First National Bank
—
—
Atlantic Carolinas Cap LLC
—
Deed Of Trust
related
$1,850,000 · Hometrust Bank
—
—
Michael T Lovelace
—
Deed Of Trust
related
$350,000 · Alliance Bk
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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