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Property profile & analytics
OFF-MARKET
Office buildings
1419 Howe St, Southport, NC 28461-2606
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-5655049
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1947
Total area
1,475 SF
Lot
0.97 ac (42,253 SF)
Zoning code
BD
APN
221MA031
UPID
US53-5655049
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
Lkg-1419 LLC · 12 yrs held
Lkg-1419 LLC
since 2013
7 recorded transactions
Zoning & alternative use
BD · Southport, 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 Southport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southport 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
Property tax & assessments
Assessed value
$559,010
Assessed 2023
Previous assessed
$512,790
+9.0% YoY
Assessed land
$426,250
Assessed improvement
$132,760
Land market value
$426,250
Improvement market value
$132,760
Total market value
$559,010
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1947
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
1,475 SF
Lot
0.97 ac (42,253 SF)
Zoning code
BD
APN
221MA031
UPID
US53-5655049
Jurisdiction
BRUNSWICK
Zoning & alternative use
BD · Southport, NC
Zoning BD · permitted uses
BD · Southport, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Lkg-1419 LLC
Entity
Free & Clear · 12 yrs held
Mailing address
3000 BONNER BUSSELLS DR, SOUTHPORT, NC 28461-2679
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2013
$247,500
Lkg-1419 LLC
First Citizens Bk & Trust Co
Grant Deed
—
Sep 18, 2013
—
First Citizens Bk & Trust Co
Wilder,paul
Quit Claim Deed
related
—
Sep 5, 2013
—
First Citizens Bk & Trust Co
Wilder,gary
Quit Claim Deed
related
—
Oct 19, 2011
$326,900
First Citizens Bk & Trust Co
Waslaw LLC
Trustees Deed
related
—
Mar 1, 2009
—
William L Smith
Owner Name Unavailable
Warranty Deed
related
—
Apr 21, 2008
—
Laney Commercial Props LLC
Laney Properties LLC
Quit Claim Deed
related
—
Feb 28, 2008
—
William L Smith
Keesee,brian K & Kimberly M
Quit Claim Deed
related
—
Jul 2, 2007
$735,000
William L Smith
Brain Keith Keesee
Warranty Deed
—
Feb 22, 2007
—
Brian K Keesee
Essey,dorothy
Quit Claim Deed
related
—
Oct 26, 2006
$535,000
Dorothy Essey
Laney Commercial Props LLC
Warranty Deed
—
—
—
Brian K Keesee
—
Deed Of Trust
related
$380,000 · Coastal Federal Bank
—
—
Laney Properties LLC
—
Deed Of Trust
related
$100,000 · Cape Fear 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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