Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1514 Sunset Ter Whiteville, NC 28472-8567
    Back to Search
    Property profile & analytics

    1514 Sunset Ter, Whiteville, NC 28472-8567

    View on Map
    • Assisted living facilities
    • 5,120 SF
    Off-Market
    Property ID
    US53-4690802
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 1514 Sunset Ter

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    0271.00-63-8674.000
    APU
    27100638674000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 2, 2007 $100,000 Johnny Ray Landrum Kay S Canady Warranty Deed $95k · Kay Canady

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Whiteville
    County
    Columbus
    State
    North Carolina
    Longitude
    -78.7453
    Latitude
    34.3366

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,664
    $34,600
    $106,600
    $141,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $735,000
      33,386 SF

      200 Flowers Pridgen Rd

      HOMES (RETIRED, NURSING)
      200 Flowers Pridgen Rd, Whiteville, NC 28472-9110
      View Details
    • Value Estimation
      $1,150,000
      67,291 SF

      1402 Pinckney St

      HOMES (RETIRED, NURSING)
      1402 Pinckney St, Whiteville, NC 28472-2221
      View Details
    • Value Estimation by Request
      2,724 SF

      605 Nolan Ave

      HOMES (RETIRED, NURSING)
      605 Nolan Ave, Whiteville, NC 28472-4381
      View Details
    • Value Estimation
      $6,185,000
      63,305 SF

      304 Jefferson St

      HOSPITAL - PRIVATE
      304 Jefferson St, Whiteville, NC 28472-3602
      View Details
    • Value Estimation
      $4,105,000
      40,780 SF

      500 Jefferson St

      HOSPITAL - PRIVATE
      500 Jefferson St, Whiteville, NC 28472-3634
      View Details
    • Value Estimation by Request

      Near 3453rd James B Wh

      VACANT COMMERCIAL LAND
      Near 3453rd James B Wh, Whiteville, NC 28472
      View Details

    Similar Nearby for Sale

    • $600,000
      0.82 Acres

      Prime Whiteville Commercial Land

      0.82-acre lot, $600,000
      1442 Harrelsonville Rd, Whiteville, NC 28472
      View Details
    • $1,066,000
      23.82 Acres

      Approved Subdivision Land in Whiteville

      27-lot subdivision near Downtown Whiteville, easy access to highways.
      158 Old Wilmington Rd, Whiteville, NC 28472
      View Details
    • Contact for pricing
      1.11 Acres

      Residential Lot in Whiteville, NC

      1.11+/- acre residential lot near beaches. Home purchase required.
      104 Ml Br Dr, Whiteville, NC 28472
      View Details
    • $299,900
      0.90 Acres

      Prime Corner Lot in Whiteville

      Large corner lot suitable for business in downtown Whiteville, NC.
      112 N Lee St, Whiteville, NC 28472
      View Details
    • $33,000
      0.67 Acres

      Undeveloped Land Near Brunswick Beaches

      Two parcels totaling 0.67 acres in a high-demand corridor.
      761 Bitmore Rd, Whiteville, NC 28472
      View Details
    • Contact for pricing
      3,460 SF

      Historic Downtown Medical Office Building

      Renovated historic building with dual entrances and stable government tenancy through remaining lease term.
      615 S Madison St, Whiteville, NC 28472
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,300 SF

      Retail Space in Whiteville Corridor

      Retail space available in a Wal-Mart anchored shopping center.
      304-326 Columbus Corners Dr, Whiteville, NC 28472
      View Details
    • New
      $6,950 /Mo

      Flex Space with Roll-Up Door

      Versatile storefront-to-warehouse layout with roll-up door access under a modified gross structure for predictable operating costs.
      1840 S Madison St, Whiteville, NC 28472
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Whiteville Corridor

      Retail space available in a Wal-Mart anchored shopping center.
      300-326 Columbus Corners Dr, Whiteville, NC 28472
      View Details
    • Contact for pricing
      5,500 SF

      Retail Space in Whiteville, NC

      Retail space available in shopping center near Hwy 701.
      32 Whites Crossing Ln, Whiteville, NC 28472
      View Details
    • $2,500 /Mo
      2,064 SF

      Downtown Whiteville Office/Medical Space

      Office or medical space for lease in downtown Whiteville.
      620 S Madison St, Whiteville, NC 28472
      View Details
    • Contact for pricing
      2,900 SF

      Retail Space in Retail Corridor

      Retail space available in Whiteville's primary retail corridor.
      104-112 Columbus Corners Dr, Whiteville, NC 28472
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1514 Sunset Ter
    Whiteville, NC 28472-8567
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1514 Sunset Ter, Whiteville, NC, 28472
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!