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Property profile & analytics
OFF-MARKET
Office buildings
201 Mangrove Dr, Emerald Isle, NC 28594-2516
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-2725822
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
WOOD
Total area
1,007 SF
Lot
0.19 ac (8,189 SF)
Zoning code
MH
APN
5383.08.87.6921000
UPID
US53-2725822
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
-
Bluewater Builders Inc Construction Company General Contractor
-
Bluewater Insurance Services Insurance Agency
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
Abc2k LLC · 1 yrs held
Abc2k LLC
since 2024
Last sale
$284,000
7 recorded transactions
Zoning & alternative use
MH · Emerald Isle, 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 Emerald Isle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emerald Isle 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,933
Tax year 2022
Assessed value
$396,100
Assessed 2024
Previous assessed
$396,100
+0.0% YoY
Effective rate
0.49%
On assessed value
Assessed land
$209,601
Assessed improvement
$186,499
Land market value
$209,601
Improvement market value
$186,499
Total market value
$396,100
Applied tax rate
1,556.0000
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
Year built
1999
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
2
Total area
1,007 SF
Lot
0.19 ac (8,189 SF)
Zoning code
MH
APN
5383.08.87.6921000
UPID
US53-2725822
Jurisdiction
CARTERET
Zoning & alternative use
MH · Emerald Isle, NC
Zoning MH · permitted uses
MH · Emerald Isle, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Emerald Isle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Abc2k LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 4340, EMERALD ISLE, NC 28594-4340
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
$284,000
Abc2k LLC
Bluewater Associates Isle INC
Warranty Deed
—
Aug 18, 2017
—
Bluewater Assocs Of Emerald Is In
—
Grant Deed
related
$1,550,000 · First Nat'l Bk/pa
—
—
Bluewater Assocs Of Emerald Is In
—
Deed Of Trust
related
$416,800 · Branch Banking & Trust Co
—
—
Bluewater Assocs Of Emerald Is In
—
Deed Of Trust
related
$500,000 · Branch Banking & Trust Co
—
—
Bluewater Assocs Of Emerald Is In
—
Deed Of Trust
related
$900,000 · Vantagesouth Bank
—
—
Bluewater Assocs Of Emerald Is In
—
Deed Of Trust
related
$902,250 · Vantagesouth Bank
—
—
Bluewater Assocs Of Emerald Is In
—
Deed Of Trust
related
$499,900 · Branch Banking & Trust Co
—
—
Bluewater Assocs Of Emerald Is In|psf & Ww Investm
—
Deed Of Trust
related
$300,000 · Yadkin Bk
—
—
Bluewater Assocs Of Emerald Is In
—
Deed Of Trust
related
$700,000 · First Nat'l Bk/pa
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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