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    Property profile & analytics

    108 Martin Luther King Dr Elizabethtown, NC 28337

    • Grocery and convenience stores
    • 7,150 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Location Intelligence
    Property ID
    US53-3115700
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 108 Martin Luther King Dr

    Year built
    1952
    Lot size
    0.38 lot acres
    Property size
    7,150 SF
    Property type
    Grocery and convenience stores
    APN
    16435
    APU
    16435

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Bladen
    State
    North Carolina
    Longitude
    -78.6079
    Latitude
    34.6289

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,049
    $83,700
    $177,330
    $261,030
    -
    $83,700
    $177,330
    $261,030

    Comparable in this City

    • Value Estimation
      $535,000
      6,643 SF

      3rd St

      GROCERY, SUPERMARKET • 6,643 SF
      3rd St, Elizabethtown, NC 28337
      View Details
    • Value Estimation
      $165,000
      882 SF

      101 Broad St

      CONVENIENCE STORE • 882 SF
      101 Broad St, Elizabethtown, NC 28337-9005
      View Details
    • Value Estimation
      $380,000
      6,084 SF

      1589 White Lk Dr

      GROCERY, SUPERMARKET • 6,084 SF
      1589 White Lk Dr, Elizabethtown, NC 28337
      View Details
    • Value Estimation
      $535,000
      1,570 SF

      307 Broad St

      CONVENIENCE STORE • 1,570 SF
      307 Broad St, Elizabethtown, NC 28337
      View Details
    • Value Estimation by Request
      800 SF

      418 Martin Luther King Dr

      CONVENIENCE STORE • 800 SF
      418 Martin Luther King Dr, Elizabethtown, NC 28337
      View Details
    • Value Estimation
      $145,000
      3,100 SF

      2703 Broad St

      CONVENIENCE STORE • 3,100 SF
      2703 Broad St, Elizabethtown, NC 28337-8855
      View Details

    Similar Nearby for Sale

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      2925 sq ft commercial building with complete kitchen on 2 acres.
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    • $225,000
      1,216 SF

      Elizabethtown Retail Storefront Opportunity

      Prime Retail Space, Newly Renovated, High Traffic
      1101 Broad Steet, Elizabethtown, NC 28337
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    • $72,300
      5.93 Acres

      Cleared Land Ready For Building

      Nearly 6 acres of cleared land, ready for building.
      Newkirk Ext, Elizabethtown, NC 28337
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    • $750,000
      0.20 Acres

      Waterfront Lot in Turtle Cove

      Waterfront lot with lake views in Turtle Cove neighborhood.
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    • $139,900
      1,736 SF

      Elizabethtown Office Building For Sale

      Prime Office Space, 1,736 sq ft, $139,900
      119 Courthouse Dr, Elizabethtown, NC 28337
      View Details
    • $1,299,000
      58.83 Acres

      60 Acres in Elizabethtown, NC

      Sprawling 60-acre property in Elizabethtown, zoned R-20.
      701 Eastway Ave, Elizabethtown, NC 28337
      View Details
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    Elizabethtown, NC 28337
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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