Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Office buildings
1103 Corporate Dr Greenville, NC 27858-5968
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-5520949
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
FRAME
Total area
6,317 SF
Lot
0.66 ac (28,750 SF)
Zoning code
O
APN
62976
UPID
US53-5520949
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
-
Good Celeste MD Physician
-
Mayo Kathy D MD Physician
-
Jean R. Hansson, MSW, LCSW Psychotherapist
-
Medical Park Psychiatric Associates Physician
-
Celeste Good Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$915k
Owner & transaction history
Ward Holdings LLC · 3 yrs held
Ward Holdings LLC
since 2022
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
O · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.3M
+121.7%
Restaurant
$1.1M
+96.4%
Medical building
$780,000
+38.6%
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$845,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$565,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,250,000
Change: +122% · Conversion: Easy
RESTAURANT
$1,105,000
Change: +96% · Conversion: Moderate
MEDICAL BUILDING
$780,000
Change: +39% · Conversion: Easy
COMMERCIAL (GENERAL)
$605,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $1.15M (Nov 17 2022)
Last sale anchor
$1.15M
Nov 17 2022
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
$145 / 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
$9,107
Tax year 2023
Assessed value
$775,997
Assessed 2023
Previous assessed
$775,997
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$114,768
Assessed improvement
$661,229
Land market value
$114,768
Improvement market value
$661,229
Total market value
$775,997
Applied tax rate
70.0000
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
2002
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Units
2
Rooms
6
Bathrooms
7
Total area
6,317 SF
Lot
0.66 ac (28,750 SF)
Zoning code
O
APN
62976
UPID
US53-5520949
Jurisdiction
PITT
Zoning & alternative use
O · Greenville, NC
Zoning O · permitted uses
O · Greenville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$565,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2002
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
2
Rooms
6
Bathrooms
7
Lot
0.66 ac
Current owner
From public records · entity-resolved
Ward Holdings LLC
Entity
Mailing address
503 CHESAPEAKE PL, GREENVILLE, NC 27858-0679
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
—
Ward Holdings LLC
—
Deed
related
$5,000,000 · Townebank
Nov 17, 2022
$1,150,000
Ward Holdings LLC
Eastern Realty Company
Warranty Deed
—
Aug 8, 2008
$815,000
Eastern Realty Company
Jlf Properties LLC
Warranty Deed
$425,000 · First Citizens Bank & Trust Co
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.
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 1103 Corporate 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
