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Property profile & analytics
OFF-MARKET
Estimated value
$6,790,000
Commercial real estate
3600 Memorial Dr, Winterville, NC 28590
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1346683
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
71,556 SF
Lot
6.65 ac (289,674 SF)
Zoning code
CG
APN
34293
UPID
US53-1346683
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
$6.78M
Blend (final)
Blend
$6.79M
Owner & transaction history
Greenville 3600 Memorial Ww LLC · 3 yrs held
Greenville 3600 Memorial Ww LLC
since 2023
7 recorded transactions
Zoning & alternative use
CG · Winterville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.7M
+49.4%
Neighborhood: shopping center
$6.7M
+14.2%
Office building
$6.5M
+11.8%
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 Winterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winterville 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)
$5,850,000
Current use
MEDICAL BUILDING
$8,745,000
Change: +49% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,680,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$6,540,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$6.79M
Range $6.11M – $7.47M · ±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
$95 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$65,475
Tax year 2024
Assessed value
$6,808,276
Assessed 2024
Previous assessed
$6,808,276
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,064,000
Assessed improvement
$5,744,276
Land market value
$1,064,000
Improvement market value
$5,744,276
Total market value
$6,808,276
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
1
Bathrooms
2
Total area
71,556 SF
Lot
6.65 ac (289,674 SF)
Zoning code
CG
APN
34293
UPID
US53-1346683
Jurisdiction
PITT
Zoning & alternative use
CG · Winterville, NC
Zoning CG · permitted uses
CG · Winterville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winterville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.7M
OFFICE BUILDING
Est. value
$6.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
6.65 ac
Current owner
From public records · entity-resolved
Greenville 3600 Memorial Ww LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6805 CARNEGIE BLVD STE #250, CHARLOTTE, NC 28211-4276
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
$2,400,000
Greenville 3600 Memorial Ww LLC
Mcg Greenville Nc Owner LLC
Special Warranty Deed
—
Oct 24, 2022
—
Mcg Greenville Nc Tic 1 LLC
Mcg Greenville Nc Owner LLC
Deed
related
—
Jan 12, 2022
—
Mcg Greenville Nc Owner LLC
Mcg Greenville Nc Tic 1 LLC
Special Warranty Deed
$5,250,000 · Pinncacle Bank
Dec 3, 2021
$1,585,000
Mcg Greenville Nc Tic 1 LLC
Mc G Greenville Nc Owner LLC
Special Warranty Deed
—
Jun 25, 2021
$4,500,000
Mcg Greenville Nc Owner LLC
Tf Greenville Nc LLC
Special Warranty Deed
—
Apr 25, 2019
—
Tf Greenville Nc LLC
—
Grant Deed
related
$800,000,000 · Hps Inv Ptrs LLC
Mar 13, 2019
—
Tf Greenville Nc LLC
Src Facilities LLC
Trustees Deed
related
$325,000,000 · Jpp LLC
Sep 6, 2018
—
Src Facilities LLC
—
Deed
related
$143,000,000 · Ubs Ag Stamford Br
Mar 20, 2018
—
Src Facilities LLC
—
Grant Deed
related
$200,000,000 · Ubs Ag Stamford Br
—
—
Src Facilities LLC
—
Loan Modification
related
$143,000,000 · Ubs Ag Stamford Br
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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