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Property profile & analytics
OFF-MARKET
Estimated value
$360,000
Medical Office Space
925 Heather Park Dr Garner, NC 27529-4595
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US53-5758079
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Construction
BRICK
Total area
3,000 SF
Lot
0.67 ac (29,185 SF)
Zoning code
NMX
APN
1710.10-46-2638 0185798
UPID
US53-5758079
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
-
Adams Perio: Dr. David J. Adams, DMD, MS, PA Dental Office
-
Adams Perio Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$360k
Owner & transaction history
David Adams Family R/e LLC · 21 yrs held
David Adams Family R/e LLC
since 2005
3 recorded transactions
Zoning & alternative use
NMX · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to accommodate low intensity commercial enterprises that provide goods or services primarily to residents of the surrounding neighborhood so that residents have convenient access without necessitating cross town trips. The uses permitted are of a nature and scale that are compatible with nearby residences.
Zone name
Neighborhood Mixed Use
General category
MIXED_USE
Zone area
400.00 ac
Source
Realmo
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 Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner 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
$360,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$630,000
7%
$585,000
Blend value · Realmo final
$360k
Range $324k – $396k · ±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
$120 / 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
$8,973
Tax year 2023
Assessed value
$612,049
Assessed 2023
Previous assessed
$612,049
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$147,092
Assessed improvement
$464,957
Land market value
$147,092
Improvement market value
$464,957
Total market value
$612,049
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
2005
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,000 SF
Lot
0.67 ac (29,185 SF)
Zoning code
NMX
APN
1710.10-46-2638 0185798
UPID
US53-5758079
Jurisdiction
WAKE
Zoning & alternative use
NMX · Garner, NCZoning NMX · permitted uses
NMX · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to accommodate low intensity commercial enterprises that provide goods or services primarily to residents of the surrounding neighborhood so that residents have convenient access without necessitating cross town trips. The uses permitted are of a nature and scale that are compatible with nearby residences.
Zone name
Neighborhood Mixed Use
General category
MIXED_USE
Zone area
400.00 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2005
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
David Adams Family R/e LLC
Entity
Mailing address
925 HEATHER PARK DR, GARNER, NC 27529-4595
Ownership since
2005
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
May 2, 2022
—
David Adams Family Real Estate LLC
—
Deed
related
$300,000 · Southern Bank & Trust Co
Mar 15, 2005
$131,000
David Adams Family R/e LLC
Marjan Ltd
Warranty Deed
$126,000 · North State Bank
—
—
David Adams Family R/e LLC
—
Deed Of Trust
related
$555,122 · North St 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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