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Property profile & analytics
OFF-MARKET
Medical Office Space
8809 Oak Is Dr, Oak Island, NC 28465-8369
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5827168
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
4,536 SF
Zoning code
CB
APN
250CI009
UPID
US53-5827168
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
-
Karen Fairfield, DC Alternative Medicine Practice
-
Tree of Life Yoga Studio, RYS Gym & Fitness Center
-
Linda Lewis Alternative Medicine Practice Spa & Massage Center
-
Yoga Unlimited NC Gym & Fitness Center
-
Island Healing Chiropractic: Acupuncture , Massage, Yoga & TRX Gym Alternative Medicine Practice
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
Karen A Fairfield · 10 yrs held
Karen A Fairfield
since 2016
3 recorded transactions
Zoning & alternative use
CB · Oak Island, 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 Oak Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Island 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
Property tax & assessments
Assessed value
$694,840
Assessed 2023
Previous assessed
$571,910
+21.5% YoY
Assessed land
$161,850
Assessed improvement
$532,990
Land market value
$161,850
Improvement market value
$532,990
Total market value
$694,840
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2006
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
4,536 SF
Zoning code
CB
APN
250CI009
UPID
US53-5827168
Jurisdiction
BRUNSWICK
Zoning & alternative use
CB · Oak Island, NC
Zoning CB · permitted uses
CB · Oak Island, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oak Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
3
Current owner
From public records · entity-resolved
Karen A Fairfield
Individual
Mailing address
214 SHERRILL AVE, OAK ISLAND, NC 28465-8259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2016
—
Karen A Fairfield
Fairfield,donald & Barbara
Quit Claim Deed
related
$276,900 · Branch Bk&tr
Apr 7, 2005
$280,000
Donald Fairfield
Keesee,brian K & Kimberly
Warranty Deed
—
—
—
Mark J Gonzales
—
Deed Of Trust
related
$400,000 · Coastal Federal Bank
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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