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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Distribution centers
2294 Arlington Blvd, Greenville, NC 27858
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1833773
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Construction
STEEL FRAME
Total area
9,420 SF
Lot
0.63 ac (27,443 SF)
Zoning code
IU
APN
42953
UPID
US53-1833773
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$423k
Blend (final)
Blend
$580k
Owner & transaction history
Nca LLC · 18 yrs held
Nca LLC
since 2007
2 recorded transactions
Zoning & alternative use
IU · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$900,000
+196.2%
Neighborhood: shopping center
$880,000
+188.7%
Office building
$840,000
+175.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$900,000
Change: +196% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$880,000
Change: +189% · Conversion: Moderate
OFFICE BUILDING
$840,000
Change: +176% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10%
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
$62 / 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
$6,380
Tax year 2023
Assessed value
$543,646
Assessed 2023
Previous assessed
$543,646
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$137,820
Assessed improvement
$405,826
Land market value
$137,820
Improvement market value
$405,826
Total market value
$543,646
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
3
Bathrooms
1
Total area
9,420 SF
Lot
0.63 ac (27,443 SF)
Zoning code
IU
APN
42953
UPID
US53-1833773
Jurisdiction
PITT
Zoning & alternative use
IU · Greenville, NC
Zoning IU · permitted uses
IU · 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
COMMERCIAL (GENERAL)
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$880,000
OFFICE BUILDING
Est. value
$840,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Bathrooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Nca LLC
Entity
Mailing address
1210 E ARLINGTON BLVD, GREENVILLE, NC 27858-5867
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Nov 1, 2007
$400,000
Nca LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Nca LLC
—
Deed Of Trust
related
$158,555 · Select 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.
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