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Property profile & analytics
FOR SALE
Medical Office Space
1211 Us Highway 17 S, Elizabeth City, NC 27909
Entity Owned
~
Est. High Equity
Property ID
US53-4632244
For Sale
1 / 19
$300,000
1211 Us Highway 17 S, Elizabeth City, NC 27909
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Construction
WOOD
Lot
2.11 ac (91,912 SF)
Zoning code
C-1
APN
8903 101518
UPID
US53-4632244
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Taqueria El Buen Pastor LLC
Taqueria El Buen Pastor LLC
since 2026
Last sale
$325,000
4 recorded transactions
Zoning & alternative use
C-1 · Elizabeth City, 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 Elizabeth City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth City 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 2023Property tax & assessments
Tax year 2023
Assessed value
$212,500
Assessed 2023
Previous assessed
$212,500
+0.0% YoY
Land market value
$177,700
Improvement market value
$34,800
Total market value
$212,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Lot
2.11 ac (91,912 SF)
Zoning code
C-1
APN
8903 101518
UPID
US53-4632244
Jurisdiction
PASQUOTANK
Zoning & alternative use
C-1 · Elizabeth City, NC
Zoning C-1 · permitted uses
C-1 · Elizabeth City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elizabeth City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Lot
2.11 ac
Current owner
From public records · entity-resolved
Taqueria El Buen Pastor LLC
Entity
Mailing address
1545 N RD ST, ELIZABETH CITY, NC 27909-3124
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$325,000
Taqueria El Buen Pastor LLC
Grae Construction LLC
Warranty Deed
$396,000 · Southern Bank & Trust Co
Sep 4, 2025
$225,000
Grae Construction LLC
Calvin M Chappell JR
Warranty Deed
$180,000 · Southern Bank & Trust Co
Feb 2, 2022
—
Claudia Chappell Twiford
Claudia Jean Chappell Twiford
Intrafamily Transfer
related
—
Jul 16, 2010
—
Mary Spence Chappell
Mary Spence Chappell
Intrafamily Transfer
related
—
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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