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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Medical Office Space
901 Old Knight Rd, Knightdale, NC 27545-9065
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-0755998
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
BRICK
Total area
5,954 SF
Lot
2.23 ac (97,139 SF)
Zoning code
NMX
APN
1754.11-57-5427 0219763
UPID
US53-0755998
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
-
Dr. Jennifer B. Phifer Pediatrician Physician
-
WakeMed Primary Care - Knightdale Medical Clinic
-
Spec Con Inc Construction Company
-
John Tanner Pediatrician Physician
-
Charles Whiting Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.57M
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$1.87M
Owner & transaction history
Old Knight Partners LLC · 1 yrs held
Old Knight Partners LLC
since 2025
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
NMX · Knightdale, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+6.3%
Commercial (general)
$2.0M
+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 Knightdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knightdale 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
$2,565,000
CAP Approach
CAP Return
Estimation
6%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,935,000
Current use
AUTO REPAIR, GARAGE
$2,055,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,980,000
Change: +2% · Conversion: Easy
RETAIL STORES
$1,885,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±10% · vs last sale $1.90M (Jan 30 2025)
Last sale anchor
$1.90M
Jan 30 2025
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
$314 / 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
$13,843
Tax year 2023
Assessed value
$1,250,512
Assessed 2023
Previous assessed
$1,250,512
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$437,126
Assessed improvement
$813,386
Land market value
$437,126
Improvement market value
$813,386
Total market value
$1,250,512
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2006
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,954 SF
Lot
2.23 ac (97,139 SF)
Zoning code
NMX
APN
1754.11-57-5427 0219763
UPID
US53-0755998
Jurisdiction
WAKE
Zoning & alternative use
NMX · Knightdale, NC
Zoning NMX · permitted uses
NMX · Knightdale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Knightdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
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
2006
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Old Knight Partners LLC
Entity
Mailing address
101 MARSEILLE PL, CARY, NC 27511-6016
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
$1,900,000
Old Knight Partners LLC
Take Five Investments LLC
Special Warranty Deed
—
Jan 16, 2020
$1,850,000
Take Five Investments LLC
Steeple Square Court Assocs Ll
Grant Deed
$1,572,500 · Touchstone Bk
Jul 27, 2005
$300,000
Steeple Sq Court Assocs LLC
Pair,w V JR
Warranty Deed
—
—
—
Steeple Sq Court Assocs LLC
—
Deed Of Trust
related
$425,000 · Park Sterling Bank
—
—
Steeple Sq Court Assocs LLC
—
Deed Of Trust
related
$425,000 · Wells Fargo 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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