New search
Property profile & analytics
FOR LEASE
Grocery and convenience stores
2120 East Fire Tower Rd, Greenville, NC 27858
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-0589360
For Lease
1 / 4
$7,555,000
2120 East Fire Tower Rd, Greenville, NC 27858
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1985
Total area
67,219 SF
Lot
5.98 ac (260,489 SF)
Zoning code
CG
APN
42243
UPID
US53-0589360
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
-
Tidy Paws Pet Waste (Bike/Boat/Book/etc) Store Pet Store
-
Web Momster Marketing & Advertising (Bike/Boat/Book/etc) Store
-
higi Physician
-
Hunttactical Training Center Vocational School
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.76M
Comparable Approach
Comparable
$6.35M
Blend (final)
Blend
$7.56M
Owner & transaction history
Suso 4 Bells Fork LP · 3 yrs held
Suso 4 Bells Fork LP
since 2023
Last sale
$1,000
7 recorded transactions
Zoning & alternative use
CG · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.1M
+121.8%
Office building
$5.6M
+35.8%
Restaurant
$5.5M
+35.1%
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
by Request
CAP Approach
CAP Return
Estimation
6%
$9,495,000
6.5%
$8,760,000
7%
$8,135,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,100,000
Change: +122% · Conversion: Difficult
OFFICE BUILDING
$5,570,000
Change: +36% · Conversion: Easy
RESTAURANT
$5,545,000
Change: +35% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,130,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,045,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$7.56M
Range $6.80M – $8.31M · ±10% · vs last sale $1k (Feb 6 2023)
Last sale anchor
$1k
Feb 6 2023
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
$112 / 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
$78,689
Tax year 2023
Assessed value
$6,704,903
Assessed 2023
Previous assessed
$6,704,903
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,196,000
Assessed improvement
$5,508,903
Land market value
$1,196,000
Improvement market value
$5,508,903
Total market value
$6,704,903
Applied tax rate
70.0000
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
For Lease
Year built
1985
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
1
Bathrooms
4
Total area
67,219 SF
Lot
5.98 ac (260,489 SF)
Zoning code
CG
APN
42243
UPID
US53-0589360
Jurisdiction
PITT
Zoning & alternative use
CG · Greenville, NC
Zoning CG · permitted uses
CG · Greenville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.1M
OFFICE BUILDING
Est. value
$5.6M
RESTAURANT
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1985
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Bathrooms
4
Lot
5.98 ac
Current owner
From public records · entity-resolved
Suso 4 Bells Fork LP
Entity
Free & Clear · 3 yrs held
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2025
—
Enc Home Solutions LLC
—
Deed
related
$332,500 · Oakwood Lending LLC Delaware Limited Lia
Jan 3, 2025
—
Enc Home Solutions LLC
—
Deed
related
$65,000 · Oakwood Lending LLC
Feb 6, 2023
$1,000
Suso 4 Bells Fork LP
Suso 4 Roxborough LP
Special Warranty Deed
—
Feb 12, 2021
$9,250,000
Suso 4 Roxborough LP
Bells Fork Station LP
Special Warranty Deed
—
Mar 6, 2017
$9,250,100
Bells Fork Station LLC
Bells Fork Shopping Center LLC
Grant Deed
related
—
Sep 1, 2006
$4,000
Bells Fork Shopping Ctr LLC
Owner Name Unavailable
Grant Deed
related
—
Jul 1, 2005
$4,000,000
Jds Holdings LLC
Jds Holdings LLC
Warranty Deed
related
—
—
—
Bells Fork Shopping Center LLC
—
Deed Of Trust
related
$300,000 · Wells Fargo Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
