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Property profile & analytics
FOR SALE
Drug stores
101 W Main St, Havelock, NC 28532
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-3727158
For Sale
1 / 2
$3,110,506
101 W Main St, Havelock, NC 28532
View Listing →
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Total area
14,250 SF
Lot
1.76 ac (76,666 SF)
APN
6-060 -021
UPID
US53-3727158
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
Current use
Occupant on record · Public records
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
John E. Demoret, PharmD Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
higi Physician
-
Walgreens Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.33M
Comparable Approach
Comparable
$4.14M
Blend (final)
Blend
$3.83M
Owner & transaction history
David W Abdo
David W Abdo
since 2026
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+80.7%
Neighborhood: shopping center
$3.0M
+14.0%
Auto repair, garage
$2.7M
+1.8%
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 Havelock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Havelock 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%
$4,690,000
6.5%
$4,330,000
7%
$4,020,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,605,000
Current use
RESTAURANT
$4,710,000
Change: +81% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,970,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,655,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,535,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$3.83M
Range $3.45M – $4.21M · ±10% · vs last sale $2.71M (Feb 12 2026)
Last sale anchor
$2.71M
Feb 12 2026
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
$269 / 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
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$31,785
Tax year 2024
Assessed value
$2,752,390
Assessed 2024
Previous assessed
$2,752,390
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$756,790
Assessed improvement
$1,995,600
Land market value
$756,790
Improvement market value
$1,995,600
Total market value
$2,752,390
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
For Sale
Year built
2004
Heating
ZONE
Cooling
YES
Stories
1
Total area
14,250 SF
Lot
1.76 ac (76,666 SF)
APN
6-060 -021
UPID
US53-3727158
Jurisdiction
CRAVEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.6M
RESTAURANT
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
ZONE
Cooling
Yes
Stories
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
David W Abdo
Individual
Mailing address
2401 E DIVISION ST, NATIONAL CITY, CA 91950-1901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
$2,710,000
David W Abdo
Vista Santa Fe Re LLC
Special Warranty Deed
$1,761,500 · United Community Bank
Aug 26, 2024
$200,000
City Of Havelock
Dgt Ventures LLC
Deed
—
Aug 18, 2021
—
Dgt Ventures LLC
—
Deed
related
$638,000 · Ally Bank
Jun 7, 2021
$3,300,000
Vista Santa Fe Re LLC
Havelock Drugstore LLC
Special Warranty Deed
$2,310,000 · Truliant FCU
Jun 5, 2017
—
Havelock Drugstore LLC
Stanhope Apartments Lc
Gift Deed
related
—
Dec 29, 2016
$750,000
Dgt Ventures LLC
Richard B Parker JR
Warranty Deed
$638,000 · Ally Bank
Mar 1, 2010
$2,300,000
Stanhope Apartments LLC
Sovereign Ra II LLC
Special Warranty Deed
—
Jun 4, 2008
$2,410,000
Sovereign Ra II LLC
Eckerd Corporation
Special Warranty Deed
$80,630,000 · Wells Fargo Bank NA
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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