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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Office buildings
103 Cedar St Beaufort, NC 28516-1841
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2493861
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD
Total area
4,320 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R8
APN
7306.17.12.6007000
UPID
US53-2493861
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
$1.10M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.03M
Owner & transaction history
Bp Hotel LLC · 2 yrs held
Bp Hotel LLC
since 2024
5 recorded transactions
Zoning & alternative use
R8 · Beaufort, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+15.9%
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 Beaufort submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaufort 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%
$1,190,000
6.5%
$1,095,000
7%
$1,020,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$930,000
Current use
COMMERCIAL (GENERAL)
$1,075,000
Change: +16% · Conversion: Easy
RETAIL STORES
$760,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$238 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,286
Tax year 2022
Assessed value
$849,732
Assessed 2024
Previous assessed
$849,732
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$582,312
Assessed improvement
$267,420
Land market value
$582,312
Improvement market value
$267,420
Total market value
$849,732
Applied tax rate
1,159.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
2
Total area
4,320 SF
Lot
0.46 ac (20,038 SF)
Zoning code
R8
APN
7306.17.12.6007000
UPID
US53-2493861
Jurisdiction
CARTERET
Zoning & alternative use
R8 · Beaufort, NC
Zoning R8 · permitted uses
R8 · Beaufort, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaufort. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$760,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1979
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Bp Hotel LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2301 EXECUTIVE CIR, GREENVILLE, NC 27834-3768
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
—
Bp Hotel LLC
—
Deed
related
$25,000,000 · X Caliber Rural Capital LLC
Feb 26, 2024
—
Bp Hotel LLC
Beaufort Partners LLC
Lease
—
Mar 4, 2013
$1,300,000
Beaufort Partners LLC
Gardner,john G & Gypsie W
Grant Deed
$1,300,000 · John G & Gypsie W Gardner
Feb 28, 2013
$1,300,000
Beaufort Partners LLC
Gardner,john G
Grant Deed
—
—
—
Beaufort Partners LLC
—
Deed Of Trust
related
$5,000,000 · Yadkin Bk
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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