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Property profile & analytics
OFF-MARKET
Banks
10 Waterford Business Ctr Way Belville, NC 28451-6010
Individually Owned
15-yr Hold
Free & Clear
Property ID
US53-1518977
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2009
Total area
5,748 SF
Lot
1.39 ac (60,548 SF)
Zoning code
BH
APN
470003514
UPID
US53-1518977
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
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
Bk First · 15 yrs held
Bk First
since 2010
3 recorded transactions
Zoning & alternative use
BH · Belville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section 5.1.7 BH, Business Highway District A. Purpose and Intent - The purpose of this district shall be to provide for the proper grouping and development of roadside business uses which will best accommodate the needs of the motoring public and businesses demanding high volume traffic. The district’s principal means of ingress and egress shall be along co…
Zone name
Business Highway
General category
COMMERCIAL
Zone area
199.91 ac
Source
ZONING ORDINANCE – Belville
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 Belville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$2,230,801
Assessed 2023
Previous assessed
$1,629,500
+36.9% YoY
Assessed land
$849,240
Assessed improvement
$1,381,561
Land market value
$849,240
Improvement market value
$1,381,561
Total market value
$2,230,801
Applied tax rate
25.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2009
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
5,748 SF
Lot
1.39 ac (60,548 SF)
Zoning code
BH
APN
470003514
UPID
US53-1518977
Jurisdiction
BRUNSWICK
Zoning & alternative use
BH · Belville, NCZoning BH · permitted uses
BH · Belville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section 5.1.7 BH, Business Highway District A. Purpose and Intent - The purpose of this district shall be to provide for the proper grouping and development of roadside business uses which will best accommodate the needs of the motoring public and businesses demanding high volume traffic. The district’s principal means of ingress and egress shall be along collector roads, minor
Zone name
Business Highway
General category
COMMERCIAL
Zone area
199.91 ac
Source
ZONING ORDINANCE – Belville
Building & site characteristics
From public records
Year built
2009
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.39 ac
Current owner
From public records · entity-resolved
Bk First
Individual
Free & Clear · 15 yrs held
Mailing address
300 SW PO BOX 508TH ST, TROY, NC 27371-0508
Ownership since
2010
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
Nov 30, 2010
$1,175,000
Bk First
Dlbe Commercial Invs LLC
Warranty Deed
—
Nov 25, 2008
—
Dlbe Commercial Invs LLC
—
Trustees Deed
related
$1,100,000 · First Bank
May 1, 2004
—
Dlbe Coml Investments LLC
Owner Name Unavailable
Warranty Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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