Entity Owned 
For Lease
1 / 2
$265,000
207 Us Highway 117 S, Burgaw, NC 28425
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Property summary
AI-generated overview
The property is a former retail store building located in Burgaw, North Carolina, in Pender County. The original structure was constructed in the 1960s and later expanded with an addition completed in the 2000s. The building contains approximately 5,724 square feet of retail space and is situated along Highway 117, which serves as the town’s main retail corridor. Burgaw is the county seat and includes the courthouse and a hospital, and the property is positioned for accessibility to local and through traffic.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Total area
5,568 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RA
APN
3229-73-1707-0000
UPID
US53-2305513
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$810k
Blend (final)
Blend
$265k
Owner & transaction history
since 2025
Last sale
$457,000
2 recorded transactions
Zoning & alternative use
RA · Burgaw, NC
Zoning description
4. Electric agricultural fences are only permitted in the RA residential zoning district. 74 5. All front yard fences or walls for a residential use and fences along any street right-of-way shall be constructed of wood,…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$265k
Value range
$239k – $292k
±10% around blend
Estimated value / SF
$48 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
30
$239k
blend $265k
$292k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,568 SF
Lot area
0.31 ac
Year built
1962
Stories
1
APN
3229-73-1707-0000
Zoning
RA
Assessed value
$300,308
3
Income approach: direct capitalization
Partial preview
Income approach indication
$845k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$915k
@ 6.5% CAP return
$845k
@ 7% CAP return
$785k
4
Sales comparison
Partial preview
Sales approach indication
$1.10M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
23.2 mi away · 4,436 SF
24.4 mi away · 4,474 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$265k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 34 sales
$140
-66%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $48/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$457k
Move the market yield to see immediate price impact.
Value / SF
$82
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$29k
$576k
$411k
$320k
$32k
$640k
$457k
$355k
$35k
$704k
$503k
$391k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$695k
22.5 mi · Apr 2026 · $150/SF
Property tax & assessments
Property tax & assessments
Assessed value
$300,308
Assessed 2023
Previous assessed
$300,308
+0.0% YoY
Assessed land
$123,092
Assessed improvement
$177,216
Land market value
$123,092
Improvement market value
$177,216
Total market value
$300,308
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1962
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
5,568 SF
Lot
0.31 ac (13,504 SF)
Zoning code
RA
APN
3229-73-1707-0000
UPID
US53-2305513
Jurisdiction
PENDER
Zoning & alternative use
RA · Burgaw, NCZoning RA · permitted uses
RA · Burgaw, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
4. Electric agricultural fences are only permitted in the RA residential zoning district. 74 5. All front yard fences or walls for a residential use and fences along any street right-of-way shall be constructed of wood,…
General category
RESIDENTIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.31 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RA
RESIDENTIAL
Jurisdiction
Burgaw, NC
Recorded code
RA
Official district
RA
Official district profile
What the municipal code says about RA
Zoning description
4. Electric agricultural fences are only permitted in the RA residential zoning district. 74 5. All front yard fences or walls for a residential use and fences along any street right-of-way shall be constructed of wood,…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RA in Burgaw, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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