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    Property profile & analytics

    111 Marshallberg Rd Smyrna, NC 28579

    • Grocery and convenience stores
    • 3,540 SF
    • 0.56 lot acres
    For Sale
    View listing
    $350,000
    Value Estimation
    Last Sale
    Apr 17, 2025
    $300,000
    Location Intelligence
    Property ID
    US53-2786770
    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 111 Marshallberg Rd

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.56 lot acres
    Property size
    3,540 SF
    Property type
    Grocery and convenience stores
    APN
    7347.01.26.5487000
    APU
    734701265487000

    Description

    This exceptional commercial property at 111 Marshallberg Road in Carteret County presents a unique investment or business expansion opportunity. The building, totaling 3,000 square feet, sits on a lot slightly larger than one acre and boasts prime visibility due to its corner location. Currently operating as a grocery store, this established space offers immediate potential for continued use in a similar capacity or for adaptation to a wide range of commercial ventures. The building's history as a grocery store provides a solid foundation for a variety of businesses. The sale includes only the building and land; grocery equipment and inventory are available for separate purchase, offering flexibility for prospective buyers. This property is ideal for entrepreneurs seeking an established location or investors looking for a strong return. The single suite layout provides efficiency and ease of management. The multiple tenancy designation suggests potential for future expansion or subdivision, subject to local regulations and approvals. This is a rare chance to acquire a well-situated commercial property in a desirable location with significant upside potential. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $290,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $275,000
      Mixed-Use
      $225,000
      Hospitality
      $305,000
      Educational
      $300,000
      Residential Income
      $225,000
      Energy
      $230,000
      Income-Based Land
      $305,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.5271
    Latitude
    34.7592
    CBSA code
    33980
    CBSA name
    MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA

    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
    2022
    $3,601
    $37,299
    $114,262
    $151,561
    -
    $37,299
    $114,262
    $151,561

    Comparable in this City

    • Value Estimation by Request
      1,856 SF

      101 Hwy 70th Smyrna

      CONVENIENCE STORE • 1,856 SF
      101 Hwy 70th Smyrna, Smyrna, NC 28579-5000
      View Details
    • Value Estimation
      $105,000
      1,980 SF

      449 Hwy 70th Smyrna

      CONVENIENCE STORE • 1,980 SF
      449 Hwy 70th Smyrna, Smyrna, NC 28579-9502
      View Details
    • Value Estimation by Request
      1,869 SF

      131 Hwy 70th Smyrna

      RETAIL STORES (PERSONAL SERVICES) • 1,869 SF
      131 Hwy 70th Smyrna, Smyrna, NC 28579-5000
      View Details
    • Value Estimation by Request
      384 SF

      119 Marshallberg Rd

      BARBER, HAIR SALON • 384 SF
      119 Marshallberg Rd, Smyrna, NC 28579-9574
      View Details
    • Value Estimation
      $295,000
      1,296 SF

      437 Hwy 70th Smyrna

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,296 SF
      437 Hwy 70th Smyrna, Smyrna, NC 28579-9502
      View Details
    • Value Estimation by Request
      0.44 Acres

      220 Marshallberg Rd

      CHARITABLE ORGANIZATION • 0.44 Acres
      220 Marshallberg Rd, Smyrna, NC 28579-9546
      View Details

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    Smyrna, NC 28579
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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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