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Property profile & analytics
OFF-MARKET
Estimated value
$4,605,000
Grocery and convenience stores
723 Van Buren Rd, Eden, NC 27288-5417
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-4886101
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2017
Total area
36,266 SF
Lot
4.18 ac (182,081 SF)
Zoning code
HWY BUS EDEN
APN
7989-09-27-3398-00
UPID
US53-4886101
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
-
Dayspring Family Medicine Pediatrician Physician
-
Eden Chiropractic Alternative Medicine Practice
-
ProTherapy Concepts Physician
-
NC Reps Performance Specialist Gym & Fitness Center
-
John Dabbs Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.49M
Comparable Approach
Comparable
$3.07M
Blend (final)
Blend
$4.61M
Owner & transaction history
Moses H Cone Memorial Hospital Oper · 2 yrs held
Moses H Cone Memorial Hospital Oper
since 2024
4 recorded transactions
Zoning & alternative use
HWY BUS EDEN · Eden, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.1M
+56.6%
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 Eden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eden 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%
$5,945,000
6.5%
$5,490,000
7%
$5,100,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,120,000
Change: +57% · Conversion: Easy
Blend value · Realmo final
$4.61M
Range $4.14M – $5.07M · ±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
$127 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$66,691
Tax year 2023
Assessed value
$2,894,309
Assessed 2023
Previous assessed
$2,894,309
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$747,325
Assessed improvement
$2,146,984
Land market value
$747,325
Improvement market value
$2,146,984
Total market value
$2,894,309
Applied tax rate
102.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2017
Heating
NONE
Stories
1
Total area
36,266 SF
Lot
4.18 ac (182,081 SF)
Zoning code
HWY BUS EDEN
APN
7989-09-27-3398-00
UPID
US53-4886101
Jurisdiction
ROCKINGHAM
Zoning & alternative use
HWY BUS EDEN · Eden, NC
Zoning HWY BUS EDEN · permitted uses
HWY BUS EDEN · Eden, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.1M
OFFICE BUILDING
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
2017
Heating
NONE
Stories
1
Lot
4.18 ac
Current owner
From public records · entity-resolved
Moses H Cone Memorial Hospital Oper
Individual
Free & Clear · 2 yrs held
Mailing address
719 GRN VLY RD STE #301, GREENSBORO, NC 27408-7026
Ownership since
2024
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
Apr 22, 2024
—
Dayspring Equities LLC
—
Deed
related
$847,000 · First Citizens Bank & Trust Co
Mar 26, 2024
—
Moses H Cone Memorial Hospital Oper
Dayspring Equities LLC
Lease
—
Mar 22, 2022
—
Dayspring Eqities LLC
—
Deed
related
$6,429,643 · First Citizens Bank & Trust Co
Sep 22, 2021
$2,000,000
Dayspring Equities LLC
Lidl Us Operations LLC
Special Warranty Deed
$1,700,000 · First Citizens Bank & Trust Co
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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