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Property profile & analytics
FOR SALE
Office buildings
36 Southend Ct S South End Hampstead, NC 28443
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US53-2384630
For Sale
1 / 6
$665,000
36 Southend Ct S,Unit South End, Hampstead, NC 28443
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Total area
3,212 SF
Lot
0.17 ac (7,405 SF)
Zoning code
PD
APN
3292-19-6409-0000
UPID
US53-2384630
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
$670k
Comparable Approach
Comparable
$518k
Blend (final)
Blend
$665k
Owner & transaction history
Rame Properties LLC · 18 yrs held
Rame Properties LLC
since 2007
5 recorded transactions
Zoning & alternative use
PD · Hampstead, 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 Hampstead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hampstead 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%
$725,000
6.5%
$670,000
7%
$620,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$207 / 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
Property tax & assessments
Assessed value
$462,158
Assessed 2023
Previous assessed
$462,158
+0.0% YoY
Assessed land
$144,170
Assessed improvement
$317,988
Land market value
$144,170
Improvement market value
$317,988
Total market value
$462,158
Applied tax rate
13.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
2008
Heating
HEAT PUMP
Stories
1
Rooms
10
Bathrooms
4
Total area
3,212 SF
Lot
0.17 ac (7,405 SF)
Zoning code
PD
APN
3292-19-6409-0000
UPID
US53-2384630
Jurisdiction
PENDER
Zoning & alternative use
PD · Hampstead, NC
Zoning PD · permitted uses
PD · Hampstead, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hampstead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Stories
1
Rooms
10
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Rame Properties LLC
Entity
Mailing address
1024 OCEAN BLVD, SURF CITY, NC 28445-6904
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2007
$80,000
Rame Properties LLC
Growing Palns Pa
Warranty Deed
$150,000 · Marjorie Bribitzer
—
—
Rame Properties LLC
—
Loan Modification
related
$120,922 · Marjorie Bribitzer
—
—
Rame Properties LLC
—
Deed Of Trust
related
$275,000 · Cape Fear Bank
—
—
Rame Properties LLC
—
Deed Of Trust
related
$350,000 · Cape Fear Bank
—
—
Rame Properties LLC
—
Deed Of Trust
related
$77,000 · Marjorie Bribitzer
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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