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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Office buildings
126 Topsail Dr Surf City, NC 28445-6718
Entity Owned
~
Est. High Equity
Property ID
US53-3101022
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2017
Total area
2,552 SF
Lot
0.09 ac (4,095 SF)
Zoning code
C1
APN
4234-99-2701-0000
UPID
US53-3101022
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
-
Landmark Vacation Rentals Vacation Rental Real Estate Agency
-
Landmark Sotheby's International Realty | Topsail Office Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$530k
Comparable Approach
Comparable
$405k
Blend (final)
Blend
$545k
Owner & transaction history
126 N Topsail Drive LLC
126 N Topsail Drive LLC
since 2026
6 recorded transactions
Zoning & alternative use
C1 · Surf 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 Surf City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surf 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$495,000
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$214 / 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
$398,202
Assessed 2023
Previous assessed
$398,202
+0.0% YoY
Assessed land
$97,502
Assessed improvement
$300,700
Land market value
$97,502
Improvement market value
$300,700
Total market value
$398,202
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 (MULTI-STORY)
Status
Off-Market
Year built
2017
Heating
HEAT PUMP
Stories
1
Rooms
13
Bathrooms
4
Total area
2,552 SF
Lot
0.09 ac (4,095 SF)
Zoning code
C1
APN
4234-99-2701-0000
UPID
US53-3101022
Jurisdiction
PENDER
Zoning & alternative use
C1 · Surf City, NC
Zoning C1 · permitted uses
C1 · Surf City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Surf City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Heating
HEAT PUMP
Stories
1
Rooms
13
Bathrooms
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
126 N Topsail Drive LLC
Entity
Mailing address
PO BOX 2078, SURF CITY, NC 28445-0017
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
$1,300,000
126 N Topsail Drive LLC
Phillips Land Holdings LLC
Warranty Deed
$1,105,000 · First Citizens Bank And Trust Company
Dec 21, 2022
—
Phillips Land Holdings LLC
—
Deed
related
$281,000 · First Citizens Bank & Trust Co
Jan 31, 2019
—
Philips Land Holdings LLC
—
Deed
related
$225,000 · W D Pelon Traditional
Jan 11, 2018
—
Phillips Land Holdings LLC
—
Deed
related
$650,000 · Crescom Bank
Jun 9, 2017
$260,000
Phillips Land Holdings LLC
Tops Ventures LLC
Warranty Deed
$230,000 · William D Pelon
—
—
Philips Land Holdings LLC
—
Deed Of Trust
related
$225,000 · W D Pelon Traditional
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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