Financial
Distress signals
Property profile

700 S Madison St Whiteville, NC 28472

FOR SALE
Retail space
Property ID
US53-4536482
9,372 SF Built 1965
Last sale Apr 2024 · $200,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story building located in historic downtown Whiteville with road frontage on both S. Madison and W. Main Street. It is positioned adjacent to Ward's Grill and is zoned B-1 Commercial, allowing for a range of commercial uses. The building offers an open floorplan configuration and contains 9,372 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$234k
Assessed land$27k
Assessed improvement$207k
Effective rate1.59%

Value estimate

· Sep 2026
$200k
$180k – $220k
AI approach$200k
NOI build-up
Gross scheduled income$169k
Vacancy & credit loss−$7k
Operating expenses−$48k
NOI · 25.14% cap applied$113k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$25 – $138

Cap rate analysis

How does the asset earn?
25.14%
$113k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOLUMBUS

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.4
Pharmacy9.3
Convenience Store8.9

Location

700 S Madison St Whiteville, NC 28472
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
615 Madison, Whiteville, NC 28472-4129 $125,000 Feb 2026 6,100 SF
115 Main, Whiteville, NC 28472-4011 $165,000 Apr 2024 10,032 SF
714 Washington, Whiteville, NC 28472-3059 $20,000 Dec 2023 5,900 SF
1890 Pne Log, Whiteville, NC 28472-3073 $325,000 Aug 2023 4,980 SF
112 Commerce, Whiteville, NC 28472-4602 $109,000 Nov 2022 14,850 SF
803 Jk Powell, Whiteville, NC 28472-2122 $6,375,000 May 2022 14,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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