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Property profile & analytics
OFF-MARKET
Land
1539 Downing Rd, Greenville, NC 27834-0812
Individually Owned
Free & Clear
Property ID
US53-1572017
Property summary
AI-generated overview
This 0.48-acre lot is located in Greenville, within the Candlewick Estates Subdivision. The property is partially cleared and features mature trees. It is situated in an area with access to shopping, restaurants, and ECU Health. The property is zoned RR. Municipal sewer is available, along with Greenville Utilities Electric and Bell Arthur Water.
Property profile
Verified
Property type
Land
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Lot
0.48 ac (20,909 SF)
Zoning code
RR
APN
3344
UPID
US53-1572017
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
Juan Esteban Rincon De Leon
Juan Esteban Rincon De Leon
since 2025
Last sale
$21,500
2 recorded transactions
Zoning & alternative use
RR · Greenville, 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 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
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 2023Property tax & assessments
Tax year 2023
Tax billed
$125
Tax year 2023
Assessed value
$15,000
Assessed 2023
Previous assessed
$15,000
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$15,000
Land market value
$15,000
Total market value
$15,000
Applied tax rate
1.0000
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
Land
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Heating
NONE
Bathrooms
0
Lot
0.48 ac (20,909 SF)
Zoning code
RR
APN
3344
UPID
US53-1572017
Jurisdiction
PITT
Zoning & alternative use
RR · Greenville, NC
Zoning RR · permitted uses
RR · 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.
Building & site characteristics
From public records
Heating
NONE
Bathrooms
0
Lot
0.48 ac
Current owner
From public records · entity-resolved
Juan Esteban Rincon De Leon
Individual
Free & Clear · 0 yrs held
Mailing address
220 YELLOW POPLAR AVE, WAKE FOREST, NC 27587-2952
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2025
$40,000
Juan Esteban Rincon De Leon
James R Higgins
Warranty Deed
—
Mar 10, 2022
$21,500
James R Higgins
Candlewick Swim & Tennis Club INC
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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