Technical
Financial
Distress signals
Property profile

960 Newman Rd New Bern, NC 28562

OFF-MARKET
Medical Office Space
Property ID
US53-3623882
4,214 SF 1.06 ac lot Built 2011
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Total area 4,214 SF
Lot 1.06 ac (46,174 SF)
APN 8-212 -7001
UPID US53-3623882

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Medical Clinic
  • Pediatrician Physician
  • Physician

Location

960 Newman Rd New Bern, NC 28562-5200
New Bern metro Census 960401 NEW BERN, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
$875k
Comparable Approach Comparable
$587k
Blend (final) Blend
$635k

Owner & transaction history

since 2012
2 recorded transactions
2012
$1.2M
2010
$430,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.0M +139.2%
Office building $970,000 +131.7%
Retail stores $570,000 +35.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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