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Property profile

305 Church St Elizabeth City, NC 27909

OFF-MARKET
Garden apartment buildings
Property ID
US53-4397698
0.46 ac lot Built 1900
Last sale Jun 2025 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 20-unit apartment building in Elizabeth City, NC, presents a compelling redevelopment opportunity. Located in a Qualified Opportunity Zone, this three-story, 1900-built property offers significant potential for value-add. The current configuration includes sixteen one-bedroom/one-bath units and four two-bedroom/one-and-a-half-bath units, averaging $2.41 per square foot in rent. Sitting on a 0.46-acre lot at 305 E Church St, the property boasts a strong NOI of $199,540 and an 8.77% cap…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$135k

Value estimate

· Oct 2026
$165k
$149k – $182k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
The CB Central Business District is primarily intended to accommodate a wide variety of commercial activities, particularly those that ar...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPASQUOTANK

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop17.7
Building Supply16.9
HVAC Service15.1

Location

305 Church St Elizabeth City, NC 27909-4849
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Roanoke, Elizabeth City, NC 27909 $15,500,000 May 2025 No data
3 Walker, Elizabeth City, NC 27909 $15,500,000 May 2025 No data
Walker, Elizabeth City, NC 27909 $5,673,500 Aug 2024 No data
1221 Riverside, Elizabeth City, NC 27909 $2,110,000 Jan 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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