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Property profile & analytics
OFF-MARKET
Office Spaces
1261 Colony Dr New Bern, NC 28562-4156
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3573851
Property summary
AI-generated overview
This exceptional 1,280 square foot single-tenant office space at 1261 Colony Dr, New Bern, NC 28562, is available immediately. Located within the Colony Trade Center, this versatile property is perfect for a variety of businesses. The layout features two spacious 12x16 front offices with interconnected access, ensuring efficient workflow. A private bathroom and kitchenette add to the convenience. A significant advantage is the inclusion of a 5x7 roll-up door, ideal for loading and unloading, complemented by single-phase 240 VAC outlets suitable for various manufacturing needs. The property's monthly rent is competitively priced at $1,250. Its location offers easy access to Glenburnie Road and Neuse Blvd, providing excellent connectivity within New Bern. This functional and affordable space presents a compelling opportunity for businesses seeking a well-equipped and conveniently located office. The property is classified as a traditional office space.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1998
Total area
640 SF
Lot
0.01 ac (653 SF)
APN
8-240-C -019
UPID
US53-3573851
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
-
Crystal Coast Machine LLC Industrial Manufacturer Production Facility
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
Tot Logistics LLC · 1 yrs held
Tot Logistics LLC
since 2025
Last sale
$80,000
3 recorded transactions
Zoning & alternative use
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 New Bern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Bern 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
$246
Tax year 2024
Assessed value
$29,500
Assessed 2024
Previous assessed
$29,500
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$5,000
Assessed improvement
$24,500
Land market value
$5,000
Improvement market value
$24,500
Total market value
$29,500
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
WALL UNIT
Stories
1
Total area
640 SF
Lot
0.01 ac (653 SF)
APN
8-240-C -019
UPID
US53-3573851
Jurisdiction
CRAVEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Tot Logistics LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1257 COLONY DR, NEW BERN, NC 28562-4156
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
—
Tot Logistics LLC
Capolavoro Properties LLC
Quitclaim Deed
related
—
Dec 11, 2024
$80,000
Tot Logistics LLC
Capolavoro Properties LLC
Warranty Deed
—
May 3, 2006
$31,500
A SR Wayne
Chalres B Dees
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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