Property profile

1043 Timmerman Dr Elizabeth City, NC 27909

OFF-MARKET
Assisted living facilities
Property ID
US53-4317722
11.6 ac lot Built 1983
Entity Owned 21-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1983
Construction FRAME
Lot 11.6 ac (505,296 SF)
Zoning code R-15
APN 890404544350
UPID US53-4317722

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1043 Timmerman Dr Elizabeth City, NC 27909
Elizabeth City metro Census 960502 ELIZABETH CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

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

since 2005
1 recorded transaction
2005
$2.8M

Zoning & alternative use

R-15 · Elizabeth City, NC
Zoning description

The R-15 Residential District is primarily intended to accommodate a variety of low density single family detached dwellings, and modular homes, maximum densities within the R-15 District include approximately 3 dwelling…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1043 Timmerman Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message