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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Office buildings
120 Elm St Williamston, NC 27892-2304
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-4371971
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.44 ac (19,166 SF)
Zoning code
CD
APN
504819
UPID
US53-4371971
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
R & R Elite Enterprises LLC · 4 yrs held
R & R Elite Enterprises LLC
since 2022
1 recorded transaction
Zoning & alternative use
CD · Williamston, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This is the central business district which provides retailing, personal services and office space for local and regional commercial activities, The regulations are designed to permit a concentrated development of permitted facilities and to protect the district itself from over intensive development and congestion
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
53.19 ac
Source
Realmo
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 Williamston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamston 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
by Request
ML approach
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±10%
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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,871
Tax year 2024
Assessed value
$182,860
Assessed 2024
Previous assessed
$182,860
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$14,740
Assessed improvement
$168,120
Land market value
$14,740
Improvement market value
$168,120
Total market value
$182,860
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Lot
0.44 ac (19,166 SF)
Zoning code
CD
APN
504819
UPID
US53-4371971
Jurisdiction
MARTIN
Zoning & alternative use
CD · Williamston, NCZoning CD · permitted uses
CD · Williamston, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This is the central business district which provides retailing, personal services and office space for local and regional commercial activities, The regulations are designed to permit a concentrated development of permitted facilities and to protect the district itself from over intensive development and congestion
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
53.19 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.44 ac
Current owner
From public records · entity-resolved
R & R Elite Enterprises LLC
Entity
Free & Clear · 4 yrs held
Mailing address
120 S ELM ST, WILLIAMSTON, NC 27892-2304
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
—
R & R Elite Enterprises LLC
Regina W Peele
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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