You are browsing as a guest. Register to access key data for free.
Property profile

1880 W City Dr Elizabeth Cty, NC 27909

Office buildings
Property ID
US53-4291827
View Sample
1.06 ac lot Built 2007
Entity Owned 8-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

Suite B is a two-story professional office space totaling approximately 4,900 square feet, located in the City Center West Commercial Park in Elizabeth City, North Carolina. The suite is situated off Halstead Blvd Ext and is less than 1/4 mile from the hospital. Constructed in 2007, it features a mostly open floor plan with six windowed offices, a kitchenette, and additional flex space. The suite is part of a well-maintained building on a landscaped corner lot, and it is zoned O&I for medical, professional, or general office use.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Construction FRAME
Lot 1.06 ac (46,086 SF)
Zoning code GB
APN 890302685851
UPID US53-4291827

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Real Estate Agency
  • Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$845k

Owner & transaction history

since 2018
4 recorded transactions
2022
Price N/A
2019
Price N/A
2018
$850,000
2007
$774,500

Zoning & alternative use

GB · Elizabeth City, NC
Zoning description

The GB Business District is established as a district in which to accommodate a wide range of retail, business, professional, and personal services office and limited wholesale uses, multi family developments are also pe…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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