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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Warehouses
1510 Hooker Rd, Greenville, NC 27834-6323
Entity Owned
Free & Clear
Property ID
US53-1190250
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Construction
STEEL FRAME
Total area
8,900 SF
Lot
0.59 ac (25,700 SF)
Zoning code
CH
APN
39723
UPID
US53-1190250
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
-
Gerber Collision & Glass Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Mdc Mercury 2604 Propco 5 LP
Mdc Mercury 2604 Propco 5 LP
since 2026
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
CH · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+294.7%
Apartment house (5+ units)
$885,000
+217.1%
Neighborhood: shopping center
$830,000
+197.7%
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$735,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,100,000
Change: +295% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$885,000
Change: +217% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$830,000
Change: +198% · Conversion: Moderate
OFFICE BUILDING
$735,000
Change: +164% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: +147% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $1.00M (Jul 15 2022)
Last sale anchor
$1.00M
Jul 15 2022
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
$83 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,280
Tax year 2023
Assessed value
$364,699
Assessed 2023
Previous assessed
$364,699
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$179,900
Assessed improvement
$184,799
Land market value
$179,900
Improvement market value
$184,799
Total market value
$364,699
Applied tax rate
40.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
8,900 SF
Lot
0.59 ac (25,700 SF)
Zoning code
CH
APN
39723
UPID
US53-1190250
Jurisdiction
PITT
Zoning & alternative use
CH · Greenville, NC
Zoning CH · permitted uses
CH · Greenville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$885,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$830,000
OFFICE BUILDING
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$690,000
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Mdc Mercury 2604 Propco 5 LP
Entity
Free & Clear · 0 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Mdc Mercury 2604 Propco 5 LP
Mdc Nc2 LP
Special Warranty Deed
—
Jul 15, 2022
—
Gerber Collision Northeast INC
Mdc Nc2 LP
Lease
—
Jul 15, 2022
$1,111,500
Mdc Nc2 LP
Gerber Collision Northeast INC
Special Warranty Deed
—
Oct 25, 2016
$1,350,000
Gerber Collision Northeast I
Newsome,sidney B & Bertie A
Warranty 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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