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Property profile & analytics
OFF-MARKET
Office buildings
1203 Pollock St Selma, NC 27576-3401
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-2309606
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
2,746 SF
Lot
0.33 ac (14,375 SF)
Zoning code
COM
APN
14046199F
UPID
US53-2309606
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
-
Premium Services Inc of Selma Loan Service
-
Commercial & Farmers Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
William F Honaker JR · 2 yrs held
William F Honaker JR
since 2024
Last sale
$115,000
7 recorded transactions
Zoning & alternative use
COM · Selma, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Selma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selma 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$3,177
Tax year 2024
Assessed value
$250,170
Assessed 2024
Previous assessed
$250,170
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$115,000
Assessed improvement
$135,170
Land market value
$115,000
Improvement market value
$135,170
Total market value
$250,170
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
1983
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
4
Total area
2,746 SF
Lot
0.33 ac (14,375 SF)
Zoning code
COM
APN
14046199F
UPID
US53-2309606
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Selma, NC
Zoning COM · permitted uses
COM · Selma, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Selma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
0.33 ac
Current owner
From public records · entity-resolved
William F Honaker JR
Individual
Free & Clear · 2 yrs held
Mailing address
2863 PO BOX 399TH RD, SELMA, NC 27576-0399
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
$115,000
William F Honaker JR
Cfi Land Company INC
Warranty Deed
—
May 15, 2019
—
Cfi Land Co INC
Scratch Land Co LLC
Correction Deed
related
$216,800 · Branch Bk&tr
Jan 27, 2017
$187,500
Cfi Land Co INC
Scratch Land Co LLC
Warranty Deed
—
May 17, 2012
$180,000
Scratch Land Co LLC
Cooper,holly A
Warranty Deed
—
Dec 6, 2010
$80,000
Holly A Cooper
Scratch Land Co LLC
Warranty Deed
—
—
—
Cfi Land Co INC
—
Deed Of Trust
related
$216,800 · Branch Bk&tr
—
—
Holly A Cooper
—
Deed Of Trust
related
$180,000 · Scratch Land Co LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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