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    Property profile & analytics

    702 George St Goldsboro, NC 27530-2428

    • Automotive properties
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $1,670,000
    Last Sale
    Jun 30, 2025
    $2,341,000
    Location Intelligence
    Property ID
    US53-4600701
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Automotive properties

    Property Details for 702 George St

    Lot size
    0.95 lot acres
    Zone code
    GB
    Property type
    Automotive properties
    APN
    2599991127
    APU
    2599991127

    Description

    This exceptional investment opportunity presents the fee simple ownership of a brand-new, 12,668 square foot Dollar General store in Goldsboro, North Carolina. The property boasts a 15-year absolute NNN lease with five 5-year options, ensuring long-term, stable income. The lease includes a 5% rent increase every five years, providing built-in protection against inflation. Located on a 2.06-acre lot at 702 N George St, the single-story building features 49 parking spaces and benefits from excellent visibility and accessibility. The property is zoned GB - General Business & I-2 - General Industry. The strong tenant, Dollar General, is backed by a corporate guarantee, minimizing risk. With a current NOI of $159,168 and a 6.65% cap rate, this property offers a compelling return on investment. The property's proximity to Berkeley Mall (458,000+ sq ft), UNC Health Wayne (245 beds), and Goldsboro High School (470 students) further enhances its value and potential for future growth. Built in 2024, this is a truly passive investment opportunity with zero landlord responsibilities. The asking price is $2,394,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Goldsboro
    County
    Wayne
    State
    North Carolina
    Longitude
    -77.9963
    Latitude
    35.3922
    CBSA code
    24140
    CBSA name
    GOLDSBORO, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $387
    $26,250
    $0.00
    $26,250
    -
    $26,250
    $0.00
    $26,250

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    702 George St
    Goldsboro, NC 27530-2428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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