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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Office buildings
1007 Evangeline Dr Leland, NC 28451-7992
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-2375620
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2007
Total area
19,418 SF
Lot
2.48 ac (108,029 SF)
Zoning code
PUD
APN
580000704
UPID
US53-2375620
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
$2.69M
Blend (final)
Blend
$2.09M
Owner & transaction history
1007 Evangeline Drive LLC · 4 yrs held
1007 Evangeline Drive LLC
since 2021
6 recorded transactions
Zoning & alternative use
PUD · Leland, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Leland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leland 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
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
$1,767,780
Assessed 2023
Previous assessed
$1,837,700
-3.8% YoY
Assessed land
$340,520
Assessed improvement
$1,427,260
Land market value
$340,520
Improvement market value
$1,427,260
Total market value
$1,767,780
Applied tax rate
31.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2007
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
19,418 SF
Lot
2.48 ac (108,029 SF)
Zoning code
PUD
APN
580000704
UPID
US53-2375620
Jurisdiction
BRUNSWICK
Zoning & alternative use
PUD · Leland, NC
Zoning PUD · permitted uses
PUD · Leland, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
1007 Evangeline Drive LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 100, WINNABOW, NC 28479-0100
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
—
1007 Evangeline Drive LLC
—
Deed
related
$2,500,000 · Truist Bank
Nov 24, 2021
—
1007 Evangeline Drive LLC
J Earp LLC
Warranty Deed
—
Oct 26, 2021
$1,750,000
J Earp LLC
Bf Welcome Center LLC
Warranty Deed
—
Jun 8, 2018
—
Bf Welcome Center LLC
Funston Land & Timber LLC
Warranty Deed
—
Apr 10, 2014
$181,000
Jacob Schwartz
Funston Land & Timber LLC
Warranty Deed
—
Oct 13, 2011
$750,000
Funston Land & Timber LLC
Penton New Homes LLC
Warranty Deed
—
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.
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