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Property profile & analytics
OFF-MARKET
Estimated value
$89,410,000
Hospitals
781 Avent Fry Rd Holly Springs, NC 27540-7776
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-3946728
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2020
Construction
METAL FRAME
Total area
283,607 SF
Lot
38.04 ac (1,657,022 SF)
Zoning code
SP
APN
0648.08-88-9704 0015500
UPID
US53-3946728
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
-
Kavitha Sravanthi Reddy Kadumpalli, MD Physician
-
A. Dawan Gunter, MD, FACOG Physician
-
Seema Garg, MD, PHD Ophthalmologist
-
Sarah D. Ryan, MD, FAAP Physician
-
Karen A. Monger, MSN, NP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$59.71M
Comparable Approach
Comparable
$119.00M
Blend (final)
Blend
$89.41M
Owner & transaction history
Hatteras Holly Springs LLC · 2 yrs held
Hatteras Holly Springs LLC
since 2024
1 recorded transaction
Zoning & alternative use
SP · Holly Springs, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$98.0M
+6.3%
Commercial (general)
$94.3M
+2.4%
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 Holly Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holly Springs 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%
$64,680,000
6.5%
$59,705,000
7%
$55,440,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$92,150,000
Current use
AUTO REPAIR, GARAGE
$97,950,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$94,340,000
Change: +2% · Conversion: Easy
RETAIL STORES
$89,740,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$89.41M
Range $80.47M – $98.35M · ±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
$315 / 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
$37,630
Tax year 2024
Assessed value
$108,580,174
Assessed 2024
Previous assessed
$108,580,174
+0.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$10,746,284
Assessed improvement
$97,833,890
Land market value
$10,746,284
Improvement market value
$97,833,890
Total market value
$108,580,174
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2020
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Total area
283,607 SF
Lot
38.04 ac (1,657,022 SF)
Zoning code
SP
APN
0648.08-88-9704 0015500
UPID
US53-3946728
Jurisdiction
WAKE
Zoning & alternative use
SP · Holly Springs, NC
Zoning SP · permitted uses
SP · Holly Springs, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holly Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$92.2M
AUTO REPAIR, GARAGE
Est. value
$98.0M
COMMERCIAL (GENERAL)
Est. value
$94.3M
RETAIL STORES
Est. value
$89.7M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2020
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
5
Lot
38.04 ac
Current owner
From public records · entity-resolved
Hatteras Holly Springs LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4420 W LK BOONE TRL STE #700, RALEIGH, NC 27607-7505
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
—
Hatteras Holly Springs LLC
Hta Holly Springs Mob LLC
Intrafamily Transfer
related
—
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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