Financial
Distress signals
Property profile

109 Ormond Ave Goldsboro, NC 27530

FOR SALE
Other commercial real estate
Property ID
US53-4684684
20,068 SF 0.17 ac lot Built 1940
Last sale Jun 2020 · $80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a redevelopment site located across from the Wayne County Courthouse on Ormond Avenue. The interior has been cleared and prepared for renovations, and conceptual architectural plans are available. The building is approximately 10,393 square feet and is configured with potential for use as offices and residential apartments. The building includes an elevator, which requires repairs.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$286k
Assessed land$10k
Assessed improvement$276k
Effective rate1.71%

Value estimate

· Sep 2026
$110k
$99k – $121k
AI approach$105k
NOI build-up
Gross scheduled income$224k
Vacancy & credit loss−$44k
Operating expenses−$45k
NOI · 54.15% cap applied$135k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$34 – $87

Cap rate analysis

How does the asset earn?
54.15%
$135k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBDH
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath10.0
Pharmacy8.8
HVAC Service8.7

Location

109 Ormond Ave Goldsboro, NC 27530
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
411 Ash, Goldsboro, NC 27530-3709 $284,000 Jul 2025 4,800 SF
107 Ctr, Goldsboro, NC 27530-3620 $212,000 Jun 2025 5,600 SF
123 Ctr, Goldsboro, NC 27530-3620 $700,000 Apr 2025 10,706 SF
806 Ash, Goldsboro, NC 27530-3804 $875,000 Jan 2025 13,720 SF
200 Walnut, Goldsboro, NC 27530-3653 $113,000 Sep 2024 20,019 SF
602 Slocumb, Goldsboro, NC 27530-5816 $45,000 Jun 2024 6,008 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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