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Property profile & analytics
OFF-MARKET
Assisted living facilities
812 Shepard St Morehead City, NC 28557-4250
Entity Owned
Free & Clear
Property ID
US53-2760200
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,031 SF
Lot
0.95 ac (41,208 SF)
APN
6386.19.60.9930000
UPID
US53-2760200
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
-
Harborview rehab Nursing Home
-
Candy Rice Physician
-
Ronald Webb Physician
-
Laura Gregory Physician
-
Janet P. Ringer, PTA Physician
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
812 Shepard Street LLC
812 Shepard Street LLC
since 2025
Last sale
$306,500
7 recorded transactions
Zoning & alternative use
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 Morehead City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morehead City 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,488
Tax year 2022
Assessed value
$1,961,518
Assessed 2024
Previous assessed
$1,961,518
+0.0% YoY
Effective rate
0.33%
On assessed value
Assessed land
$573,375
Assessed improvement
$1,388,143
Land market value
$573,375
Improvement market value
$1,388,143
Total market value
$1,961,518
Applied tax rate
1,351.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
1
Units
9
Bathrooms
13
Total area
16,031 SF
Lot
0.95 ac (41,208 SF)
APN
6386.19.60.9930000
UPID
US53-2760200
Jurisdiction
CARTERET
Zoning & alternative use
Zoning · permitted uses
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
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
1
Units
9
Bathrooms
13
Lot
0.95 ac
Current owner
From public records · entity-resolved
812 Shepard Street LLC
Entity
Free & Clear · 0 yrs held
Mailing address
125 HORTON DR, MOREHEAD CITY, NC 28557-4528
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2025
—
812 Shepard Street LLC
812 Shepard St Exchange LLC
Deed
related
—
Sep 4, 2025
$306,500
Henbird Properties LLC
Hv Shepard LLC
Warranty Deed
—
Aug 7, 2025
$339,000
326 Bask LLC
Hv Shepard LLC
Warranty Deed
—
Jul 25, 2025
$300,000
Munif R Treish
Hv Shepard LLC
Warranty Deed
—
Jul 18, 2025
$317,000
Big Buck Properties II LLC
Hv Shepard LLC
Warranty Deed
$231,000 · Verus Residential Loanco LLC
Jul 18, 2025
$286,500
327 Bask LLC
Hv Shepard LLC
Warranty Deed
—
Jul 11, 2025
$1,895,000
812 Shepard St Exchange LLC
Hv Shepard LLC
Warranty Deed
—
Jun 26, 2025
$286,500
Westpointe Properties LLC
Hv Shepard LLC
Warranty Deed
—
Jun 18, 2025
$1,146,000
Notneb LLC
Hv Shepard LLC
Warranty Deed
—
Jun 18, 2025
$300,000
Robin Van Comer
Hv Shepard LLC
Warranty Deed
—
Jun 12, 2025
$300,000
Big Rock Bungalow LLC
Hv Shepard LLC
Warranty Deed
—
Jun 12, 2025
$502,000
Sarah W Higgins
Hv Shepard LLC
Warranty Deed
—
Aug 30, 2022
$2,300,000
Hv Shepard LLC
Senior Care Properties INC
Special Warranty Deed
—
Oct 17, 2014
$3,350,001
A-team Ents LLC
Oliver George M
Trustees Deed
$5,550,000 · First Bk
—
—
Senior Care Properties INC
—
Deed Of Trust
related
$9,596,000 · Bank Of Nc
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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