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Property profile & analytics
OFF-MARKET
Medical Office Space

948 Main St Louisburg, NC 27549-2149

2,202 SF 0.69 ac lot Built 1964
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-0821308
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1964
Total area 2,202 SF
Lot 0.69 ac (30,187 SF)
Zoning code O I
APN 18735
UPID US53-0821308
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
  • The Spa Academy USA Vocational School Training Center
  • Mohammad Abulkalam Khan 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
Clark Real Estate Holdings LLC · 3 yrs held
Clark Real Estate Holdings LLC
since 2023
Last sale
$385,000
4 recorded transactions
2023
$385,000
2022
$430,000
2017
$135,000
2007
Price N/A
Zoning & alternative use
O I · Louisburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

developments and uses in the OI, B-2, PD, PD-R and GWO districts shall contain a minimum 20% net area of landscaping. Landscaping shall be provided on the interior and exterior of the parking lot. c. Plantings. One shade tree, two ornamental trees and eight small shrubs shall be required for each 10 parking spaces. The perimeter of all vehicular use areas ad…

Zone name Office And Institutional
General category CIVIC_INSTITUTIONAL
Zone area 140.07 ac
Source Table of Contents 10-19-2024 2
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