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    Property profile & analytics

    2438 Watha Rd Watha, NC 28478

    • Office buildings
    • 1,080 SF
    • 233.39 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US53-2437580
    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

    • Office buildings

    Property Details for 2438 Watha Rd

    Year built
    1994
    Lot size
    233.39 lot acres
    Property size
    1,080 SF
    Zone code
    SEEMAP
    Property type
    Office buildings
    APN
    3313-17-3194-0000
    APU
    33131731940000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Watha
    County
    Pender
    State
    North Carolina
    Longitude
    -77.9662
    Latitude
    34.6717
    CBSA code
    48900
    CBSA name
    WILMINGTON, 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
    0
    $0.00
    $373,131
    $56,401
    $429,532
    -
    $373,131
    $56,401
    $429,532

    Comparable in this City

    • Value Estimation by Request
      1,296 SF

      44 Englishtown Rd

      OFFICE BUILDING (MULTI-STORY) • 1,296 SF
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      View Details
    • Value Estimation by Request
      1,978 SF

      751 Wilkins Rd

      OFFICE BUILDING (MULTI-STORY) • 1,978 SF
      751 Wilkins Rd, Watha, NC 28478-8291
      View Details
    • Value Estimation
      $335,000
      980 SF

      6482 Nc Hwy 11

      OFFICE BUILDING (MULTI-STORY) • 980 SF
      6482 Nc Hwy 11, Willard, NC 28478
      View Details
    • Value Estimation
      $245,000
      504 SF

      9332 Us Hwy 117th N

      OFFICE BUILDING (MULTI-STORY) • 504 SF
      9332 Us Hwy 117th N, Willard, NC 28478-8468
      View Details
    • Value Estimation by Request
      720 SF

      200 Raccoon Rd

      OFFICE BUILDING (MULTI-STORY) • 720 SF
      200 Raccoon Rd, Willard, NC 28478-7186
      View Details
    • Value Estimation
      $375,000
      5,011 SF

      985 Johnson Nursery Rd

      OFFICE BUILDING (MULTI-STORY) • 5,011 SF
      985 Johnson Nursery Rd, Willard, NC 28478-7557
      View Details

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    2438 Watha Rd
    Watha, NC 28478
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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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