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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Office Spaces
3 Keel St, Wrightsville Beach, NC 28480-1708
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0735202
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
848 SF
Zoning code
C-3,COMMERCIAL
APN
R05718-003-006-003
UPID
US53-0735202
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
-
FromShoreToDoor Restaurant
-
Heritage Yacht Sales (Bike/Boat/Book/etc) Store
-
Airlie Outdoor General Contractor
-
Gene floyd Business Service Center Corporate Office
-
Jessica Horsley Hair Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
3 Keel Street LLC · 1 yrs held
3 Keel Street LLC
since 2025
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
C-3,COMMERCIAL · Wrightsville Beach, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wrightsville Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wrightsville Beach 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
$725,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $675k (Mar 31 2025)
Last sale anchor
$675k
Mar 31 2025
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
$837 / 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
$1,749
Tax year 2023
Assessed value
$322,500
Assessed 2023
Previous assessed
$322,500
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed improvement
$322,500
Improvement market value
$322,500
Total market value
$322,500
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
848 SF
Zoning code
C-3,COMMERCIAL
APN
R05718-003-006-003
UPID
US53-0735202
Jurisdiction
NEW HANOVER
Zoning & alternative use
C-3,COMMERCIAL · Wrightsville Beach, NC
Zoning C-3,COMMERCIAL · permitted uses
C-3,COMMERCIAL · Wrightsville Beach, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wrightsville Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
3 Keel Street LLC
Entity
Mailing address
6020 JOSHUAS LNDG, WILMINGTON, NC 28409-0111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
$675,000
3 Keel Street LLC
Know Fun LLC
Warranty Deed
$548,437 · First Citizens Bank & Trust Co
Jun 18, 2024
$625,000
Fox Knoll Partners LLC
Bar Harbor Gang LLC
Special Warranty Deed
—
Feb 13, 2023
$560,000
Know Fun LLC
Scout & Riley LLC
Warranty Deed
—
Feb 11, 2022
$365,000
Scout & Riley LLC
James D Carter
Warranty Deed
$310,250 · First National Bank Of Pennsylvania
Aug 26, 2019
$280,000
Keel Street Holdings LLC
B & B Office Properties LLC
Warranty Deed
related
$238,000 · South St Bk
Mar 13, 2018
$267,500
Airlie Hldgs LLC
Tnt Property Hldgs LLC
Warranty Deed
$214,000 · Select Bk & Tr Co (wilmington)
Aug 1, 2017
—
Bar Harbor Gang LLC
Dg & Ksn LLC
Grant Deed
related
—
Mar 24, 2008
$490,000
Hunt Investments
Popkin,lance D
Warranty Deed
$392,000 · Greenville First
Jun 29, 2007
$575,000
Lance D Popkin
Lumina Acquisition LLC
Grant 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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