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Property profile & analytics
OFF-MARKET
Estimated value
$10,450,000
Strip malls
1101 Berkeley Blvd Goldsboro, NC 27534-3490
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-4900670
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
STEEL FRAME
Total area
96,434 SF
Lot
7 ac (304,920 SF)
APN
3519757481
UPID
US53-4900670
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
-
WAFU STEAKHOUSE & SUSHI BAR Restaurant
-
UPS Alliance Shipping Partner Courier Service Postal Service
-
Big Lots Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.45M
Owner & transaction history
501 Prairie View LLC · 2 yrs held
501 Prairie View LLC
since 2024
Last sale
$10.5M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.3M
+351.0%
Apartment house (5+ units)
$7.7M
+273.8%
Commercial (general)
$7.2M
+248.9%
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 Goldsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goldsboro 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
$10,450,000
ML approach
$10,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,285,000
Change: +351% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$7,695,000
Change: +274% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,185,000
Change: +249% · Conversion: Easy
MEDICAL BUILDING
$6,305,000
Change: +206% · Conversion: Difficult
Blend value · Realmo final
$10.45M
Range $9.41M – $11.50M · ±10% · vs last sale $10.45M (Feb 26 2024)
Last sale anchor
$10.45M
Feb 26 2024
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
$108 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$113,294
Tax year 2023
Assessed value
$7,694,000
Assessed 2024
Previous assessed
$7,694,000
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,312,500
Assessed improvement
$6,381,500
Land market value
$1,312,500
Improvement market value
$6,381,500
Total market value
$7,694,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
96,434 SF
Lot
7 ac (304,920 SF)
APN
3519757481
UPID
US53-4900670
Jurisdiction
WAYNE
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
OFFICE BUILDING
Est. value
$9.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.7M
COMMERCIAL (GENERAL)
Est. value
$7.2M
MEDICAL BUILDING
Est. value
$6.3M
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
7 ac
Current owner
From public records · entity-resolved
501 Prairie View LLC
Entity
Free & Clear · 2 yrs held
Mailing address
50051 GOVERNORS DR STE A, CHAPEL HILL, NC 27517-7018
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2024
$10,450,000
501 Prairie View LLC
North Berkeley Development Assc LLC
Special Warranty Deed
—
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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