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Property profile & analytics
OFF-MARKET
Estimated value
$3,705,000
Grocery and convenience stores
1805 Wayne Memorial Dr Goldsboro, NC 27534-2241
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4564085
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
51,688 SF
Lot
7.58 ac (330,185 SF)
Zoning code
GB
APN
3600603663
UPID
US53-4564085
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
-
Western Union Bank Credit Union
-
ATM Atm
-
Carlie C's IGA Grocery & Convenience Store Food Market
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.71M
Owner & transaction history
Mml & Associates LLC · 3 yrs held
Mml & Associates LLC
since 2022
Last sale
$5.0M
1 recorded transaction
Zoning & alternative use
GB · Goldsboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The General Business district is established to accommodate the widest range of uses providing general goods and services to the community
Zone name
General Business
General category
COMMERCIAL
Zone area
1,550.76 ac
Source
Realmo
Top alternative use upside
Office building
$5.0M
+311.7%
Apartment house (5+ units)
$4.1M
+241.2%
Commercial (general)
$3.9M
+218.5%
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 Goldsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goldsboro 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
$2,970,000
ML approach
$3,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,975,000
Change: +312% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,125,000
Change: +241% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,850,000
Change: +218% · Conversion: Easy
MEDICAL BUILDING
$3,380,000
Change: +180% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,240,000
Change: +168% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,120,000
Change: +158% · Conversion: Difficult
RESTAURANT
$2,655,000
Change: +120% · Conversion: Easy
Blend value · Realmo final
$3.71M
Range $3.33M – $4.08M · ±10% · vs last sale $4.95M (Nov 21 2022)
Last sale anchor
$4.95M
Nov 21 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
$72 / 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
$81,249
Tax year 2023
Assessed value
$5,517,730
Assessed 2024
Previous assessed
$5,517,730
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$947,500
Assessed improvement
$4,570,230
Land market value
$947,500
Improvement market value
$4,570,230
Total market value
$5,517,730
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
51,688 SF
Lot
7.58 ac (330,185 SF)
Zoning code
GB
APN
3600603663
UPID
US53-4564085
Jurisdiction
WAYNE
Zoning & alternative use
GB · Goldsboro, NCZoning GB · permitted uses
GB · Goldsboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The General Business district is established to accommodate the widest range of uses providing general goods and services to the community
Zone name
General Business
General category
COMMERCIAL
Zone area
1,550.76 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$3.1M
RESTAURANT
Est. value
$2.7M
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RESTAURANT
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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
7.58 ac
Current owner
From public records · entity-resolved
Mml & Associates LLC
Entity
Mailing address
10 CARLIE CS DR, DUNN, NC 28334-3649
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
$4,950,000
Mml & Associates LLC
K25 Market Square LLC
Special Warranty Deed
$3,960,000 · Truist Bank
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.
Try Rey
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