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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Data centers and call centers
1224 Magnolia Vlg Way Belville, NC 28451-9464
Entity Owned
9-yr Hold
Free & Clear
Property ID
US53-2526348
Property profile
Verified
Property type
Data centers and call centers
Use group
RADIO OR TV STATION
Year built
2008
Total area
20,520 SF
Lot
1.71 ac (74,488 SF)
Zoning code
PUD
APN
470004603
UPID
US53-2526348
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
-
ChartLocal Marketing & Advertising Advertising Agency
-
WWAY TV Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$790k
Owner & transaction history
Wway Properties LLC · 9 yrs held
Wway Properties LLC
since 2017
5 recorded transactions
Zoning & alternative use
PUD · Belville, NC
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 Belville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belville 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
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$38 / SF
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
Property tax & assessments
Assessed value
$3,042,350
Assessed 2023
Previous assessed
$2,409,840
+26.2% YoY
Assessed land
$543,420
Assessed improvement
$2,498,930
Land market value
$543,420
Improvement market value
$2,498,930
Total market value
$3,042,350
Applied tax rate
31.0000
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
Data centers and call centers
Use group
RADIO OR TV STATION
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
8
Total area
20,520 SF
Lot
1.71 ac (74,488 SF)
Zoning code
PUD
APN
470004603
UPID
US53-2526348
Jurisdiction
BRUNSWICK
Zoning & alternative use
PUD · Belville, NCZoning PUD · permitted uses
PUD · Belville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ZONING ORDINANCE – Belville
Building & site characteristics
From public records
Year built
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
8
Lot
1.71 ac
Current owner
From public records · entity-resolved
Wway Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
27 ABERCORN ST, SAVANNAH, GA 31401-2715
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2017
$1,800,000
Wway Properties LLC
Jtw Investor Group LLC
Warranty Deed
—
Dec 21, 2015
$1,200,000
Jtw Investor Group LLC
Thunder Alley Properties LLC
Grant Deed
—
Feb 20, 2009
—
Thunder Alley Properties LLC
—
Trustees Deed
related
$162,194 · East Carolina Bank
Apr 11, 2008
—
Thunder Alley Properties LLC
—
Trustees Deed
related
$3,037,806 · East Carolina Bank
Jan 10, 2008
$549,000
Thunder Alley Properties LLC
Hsp-1 LLC
Warranty Deed
$439,084 · East Carolina Bank
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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