Entity Owned Property summary
AI-generated overview
The property is a Medicare-certified ambulatory surgery center (ASC) located in Asheboro, North Carolina, with a total area of 7,341 square feet. Historically occupied by The Moses H. Cone Memorial Hospital since 2021, the facility is configured to provide comprehensive cancer care services, including chemotherapy, infusion services, and injection treatments. The ASC is operated under a lease agreement with the hospital through December 31, 2027, and there are no stated renewal options. Future use plans beyond the lease term are not specified; the property may be considered for investment ownership with existing tenancy or for conversion to owner-occupied use for a similar healthcare function, subject to applicable requirements.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Total area
8,160 SF
Lot
1.81 ac (78,844 SF)
Zoning code
O&I
APN
7761412301
UPID
US53-2725616
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
-
Physician
-
Medical Clinic Hospital
-
Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
since 2020
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
O&I · Asheboro, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.42M
Value range
$1.27M – $1.56M
±10% around blend
Estimated value / SF
$173 / SF
Confidence
Property data
100
Comparable evidence
60
$1.27M
blend $1.42M
$1.56M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,160 SF
Lot area
1.81 ac
Year built
2011
Stories
1
APN
7761412301
Zoning
O&I
Assessed value
$1,741,660
Annual tax
$23,082
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
2.00%
Implied, in-place cap rate for this medical office space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$111k *
Last sale · Dec 2020
$1.58M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.54M
Move the market yield to see immediate price impact.
Value / SF
$679
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.50%2.00%2.50%
$100k
$6.65M
$4.98M
$3.99M
$111k
$7.39M
$5.54M
$4.43M
$122k
$8.12M
$6.09M
$4.87M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,082
Tax year 2023
Assessed value
$1,741,660
Assessed 2023
Previous assessed
$1,423,190
+22.4% YoY
Effective rate
1.33%
On assessed value
Assessed land
$189,610
Assessed improvement
$1,552,050
Land market value
$189,610
Improvement market value
$1,552,050
Total market value
$1,741,660
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2011
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
8,160 SF
Lot
1.81 ac (78,844 SF)
Zoning code
O&I
APN
7761412301
UPID
US53-2725616
Jurisdiction
RANDOLPH
Zoning & alternative use
O&I · Asheboro, NCZoning O&I · permitted uses
O&I · Asheboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2011
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
O&I
Jurisdiction
Asheboro, NC
Recorded code
O&I
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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