Entity Owned 
For Sale
1 / 47
$696,000
1468 W Corbett Ave, Swansboro, NC 28584
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Property summary
AI-generated overview
Retail space located on Highway 24 in Swansboro, North Carolina, adjacent to the public library. The property is zoned B-1 and is positioned for roadside visibility. Previously used as a veterinary clinic, the interior layout is configured for retail/commercial occupancy. A storage shed or workshop is located at the back of the lot, and the site includes ample parking. The lot size is 0.97 acres, and the building size is 2,092 square feet.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Total area
2,552 SF
Lot
0.97 ac (42,388 SF)
Zoning code
B-1
APN
25839
UPID
US53-1502520
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
since 2023
Last sale
$350,000
1 recorded transaction
Zoning & alternative use
B-1 · Swansboro, NC
Zoning description
t regulations contained herein. (Ord. 2005-O3, passed 3-15-2005) Share Download Bookmark Print § 152.249 COMMERCIAL DEVELOPMENT. Commercial land use will be developed as a special use permit under the regulations of the…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$295k
Value range
$266k – $325k
±10% around blend
Estimated value / SF
$116 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$266k
blend $295k
$325k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,552 SF
Lot area
0.97 ac
Year built
1971
Stories
1
APN
25839
Zoning
B-1
Assessed value
$397,500
Annual tax
$2,604
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$2,604
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$295k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 35 sales
$150
-23%
County 417 sales
$155
-26%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $116/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
3.72%
Selected cap rate for this other commercial real estate
Derived from the Swansboro market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.72%
9.0%
NOI (est.)
$26k *
Last sale · Dec 2023
$350k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$696k
Move the market yield to see immediate price impact.
Value / SF
$273
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.22%3.72%4.22%
$23k
$724k
$626k
$552k
$26k
$804k
$696k
$614k
$28k
$885k
$766k
$675k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,604
Tax year 2023
Assessed value
$397,500
Assessed 2023
Previous assessed
$397,500
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$218,950
Assessed improvement
$178,550
Land market value
$218,950
Improvement market value
$178,550
Total market value
$397,500
Applied tax rate
1,300.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1971
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
6
Total area
2,552 SF
Lot
0.97 ac (42,388 SF)
Zoning code
B-1
APN
25839
UPID
US53-1502520
Jurisdiction
ONSLOW
Zoning & alternative use
B-1 · Swansboro, NCZoning B-1 · permitted uses
B-1 · Swansboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
t regulations contained herein. (Ord. 2005-O3, passed 3-15-2005) Share Download Bookmark Print § 152.249 COMMERCIAL DEVELOPMENT. Commercial land use will be developed as a special use permit under the regulations of the…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1971
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
6
Lot
0.97 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
B-1
COMMERCIAL
Jurisdiction
Swansboro, NC
Recorded code
B-1
Official district
B-1
Official district profile
What the municipal code says about B-1
Zoning description
t regulations contained herein. (Ord. 2005-O3, passed 3-15-2005) Share Download Bookmark Print § 152.249 COMMERCIAL DEVELOPMENT. Commercial land use will be developed as a special use permit under the regulations of the…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Swansboro, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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