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Property profile & analytics
OFF-MARKET
Estimated value
$85,000
Auto shops
214 Pearl St Williamston, NC 27892-2328
Individually Owned
4-yr Hold
Absentee Owner
Property ID
US53-4326922
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Lot
0.5 ac (21,780 SF)
Zoning code
CD
APN
503546
UPID
US53-4326922
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$85k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$85k
Owner & transaction history
Johnny Newcomb · 4 yrs held
Johnny Newcomb
since 2022
Last sale
$80,000
2 recorded transactions
Zoning & alternative use
CD · Williamston, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This is the central business district which provides retailing, personal services and office space for local and regional commercial activities, The regulations are designed to permit a concentrated development of permitted facilities and to protect the district itself from over intensive development and congestion
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
53.19 ac
Source
Realmo
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 Williamston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamston 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
$85,000
ML approach
$85,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$85k
Range $77k – $94k · ±10% · vs last sale $80k (Jan 24 2022)
Last sale anchor
$80k
Jan 24 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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,121
Tax year 2024
Assessed value
$114,310
Assessed 2024
Previous assessed
$114,310
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$17,890
Assessed improvement
$96,420
Land market value
$17,890
Improvement market value
$96,420
Total market value
$114,310
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Lot
0.5 ac (21,780 SF)
Zoning code
CD
APN
503546
UPID
US53-4326922
Jurisdiction
MARTIN
Zoning & alternative use
CD · Williamston, NCZoning CD · permitted uses
CD · Williamston, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This is the central business district which provides retailing, personal services and office space for local and regional commercial activities, The regulations are designed to permit a concentrated development of permitted facilities and to protect the district itself from over intensive development and congestion
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
53.19 ac
Source
Realmo
Building & site characteristics
From public records
Lot
0.5 ac
Current owner
From public records · entity-resolved
Johnny Newcomb
Individual
Mailing address
1161 TALL TIMBERS LN E, WILLIAMSTON, NC 27892-7201
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2022
$80,000
Johnny Newcomb
Willie L Bland
Warranty Deed
$68,000 · First National Bank Of Pennsylvania
Jul 31, 2017
$141,000
Willie L Bland
David P Rose
Deed
—
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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