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    Property profile & analytics

    218 Peedin Ave Pine Level, NC 27568

    • Commercial real estate
    • 1,100 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Dec 21, 2023
    $70,000
    Location Intelligence
    Property ID
    US53-2383621
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 218 Peedin Ave

    Year built
    1945
    Lot size
    0.04 lot acres
    Property size
    1,100 SF
    Zone code
    COM
    Property type
    Commercial real estate
    APN
    12008035
    APU
    12008035

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pine Level
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.2448
    Latitude
    35.5124
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $340
    $3,480
    $25,340
    $28,820
    -
    $3,480
    $25,340
    $28,820

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      216 Peedin Ave

      COMMERCIAL (GENERAL) • 2,000 SF
      216 Peedin Ave, Pine Level, NC 27568
      View Details
    • Value Estimation by Request
      2,685 SF

      215 Peedin Ave

      SHOW ROOM, WAREHOUSE • 2,685 SF
      215 Peedin Ave, Pine Level, NC 27568-9041
      View Details
    • Value Estimation by Request
      2,506 SF

      101 Pne St

      COMMERCIAL (GENERAL) • 2,506 SF
      101 Pne St, Pine Level, NC 27568
      View Details
    • Value Estimation by Request
      456 SF

      210 Peedin Ave

      COMMERCIAL (GENERAL) • 456 SF
      210 Peedin Ave, Pine Level, NC 27568-9041
      View Details
    • Value Estimation by Request
      3,320 SF

      105 Pne St

      COMMERCIAL (GENERAL) • 3,320 SF
      105 Pne St, Pine Level, NC 27568-3411
      View Details
    • Value Estimation
      $215,000
      1,098 SF

      Pne St

      COMMERCIAL (GENERAL) • 1,098 SF
      Pne St, Pine Level, NC 27568
      View Details

    Similar Nearby for Sale

    • $1,200,000
      24.80 Acres

      Prime Land in Pine Level

      24.8-acre mixed-use land in Johnston County's growing area.
      70 A, Pine Level, NC 27568
      View Details
    • $1,200,000
      24.80 Acres

      24.8 Acre Mixed-Use Land

      Prime location in Pine Level, NC with mixed-use zoning.
      70 A, Pine Level, NC 27568
      View Details
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    218 Peedin Ave
    Pine Level, NC 27568
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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