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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Office buildings
1655 Willow Dr Williamston, NC 27892-2810
Entity Owned
Free & Clear
Property ID
US53-4363588
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
5.83 ac (254,129 SF)
Zoning code
M2
APN
503313
UPID
US53-4363588
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
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
BULLOCK DEVELOPMENT COMPANY
BULLOCK DEVELOPMENT COMPANY
Zoning & alternative use
M2 · Williamston, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide areas where the principal use of land is for light and heavy manufacturing, warehousing and offensive trade uses, this district is intended to provide appropriate areas for existing heavy industrial type uses predominately developed and to provide additional areas near adequate rail, water or major thoroughfares for ad…
Zone name
Mixed Manufacturing
General category
INDUSTRIAL
Zone area
517.14 ac
Source
Realmo
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 Williamston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamston 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
by Request
ML approach
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±10%
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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,523
Tax year 2024
Assessed value
$395,860
Assessed 2024
Previous assessed
$395,860
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$126,000
Assessed improvement
$269,860
Land market value
$126,000
Improvement market value
$269,860
Total market value
$395,860
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
OFFICE BUILDING
Status
Off-Market
Lot
5.83 ac (254,129 SF)
Zoning code
M2
APN
503313
UPID
US53-4363588
Jurisdiction
MARTIN
Zoning & alternative use
M2 · Williamston, NCZoning M2 · permitted uses
M2 · Williamston, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide areas where the principal use of land is for light and heavy manufacturing, warehousing and offensive trade uses, this district is intended to provide appropriate areas for existing heavy industrial type uses predominately developed and to provide additional areas near adequate rail, water or major thoroughfares for additional development of the uses permitted in this district
Zone name
Mixed Manufacturing
General category
INDUSTRIAL
Zone area
517.14 ac
Source
Realmo
Building & site characteristics
From public records
Lot
5.83 ac
Current owner
From public records · entity-resolved
BULLOCK DEVELOPMENT COMPANY
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 249, WARSAW, VA 22572-0249
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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