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    Property profile & analytics

    113 Old 87th Rd Riegelwood, NC 28456

    • Retail space
    • 4,380 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-4659156
    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

    • Retail space

    Property Details for 113 Old 87th Rd

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    4,380 SF
    Property type
    Retail space
    APN
    2231.04-62-1341.000
    APU
    223104621341000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riegelwood
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.2179
    Latitude
    34.3308

    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
    2023
    $814
    $10,800
    $54,200
    $65,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,180 SF

      3196 Old Stage Rd

      Individual retail properties • 9,180 SF
      3196 Old Stage Rd, Riegelwood, NC 28456
      View Details
    • Value Estimation by Request
      2,604 SF

      65 Currituck Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,604 SF
      65 Currituck Rd, Riegelwood, NC 28456
      View Details
    • Value Estimation
      $230,000
      3,744 SF

      3rd St

      RETAIL STORES (PERSONAL SERVICES) • 3,744 SF
      3rd St, Riegelwood, NC 28456
      View Details
    • Value Estimation by Request
      2,160 SF

      1523 Arcadia Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      1523 Arcadia Rd, Riegelwood, NC 28456-8076
      View Details
    • Value Estimation by Request
      1,080 SF

      24885 Nc Hwy 87th E

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      24885 Nc Hwy 87th E, Riegelwood, NC 28456-8505
      View Details
    • Value Estimation by Request
      252 SF

      1162 Arcadia Rd

      RETAIL STORES (PERSONAL SERVICES) • 252 SF
      1162 Arcadia Rd, Riegelwood, NC 28456
      View Details

    Similar Nearby for Sale

    • $1,187,000
      9,180 SF

      NC Retail Investment Opportunity

      Family Dollar Net Lease, High Cap Rate
      3196 Old Stage Rd, Riegelwood, NC 28456
      View Details
    • $545,000
      66.95 Acres

      Expansive Land Parcel Near Wilmington

      66.95-acre undeveloped land parcel near Wilmington, North Carolina.
      949 General Howe Hwy Rd, Riegelwood, NC 28456
      View Details
    • New
      Contact for pricing
      1.00 Acre

      Secluded Riegelwood Land Parcel

      One-acre forested lot perfect for custom home or investment.
      1 Ac. Money Hole Rd, Riegelwood, NC 28456
      View Details
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    113 Old 87th Rd
    Riegelwood, NC 28456
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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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