Property profile

370 Nc Highway 43 Vanceboro, NC 28586

FOR SALE
Grocery and convenience stores
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Property ID
US53-3502599
3,150 SF 1.59 ac Built 2008
Last sale Dec 2022·$1,952,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a retail building located in Vanceboro, North Carolina. It is structured as an absolute net lease, meaning tenants are generally responsible for a substantial share of operating expenses and property-related costs, and it is therefore presented as a leasing-oriented retail asset. The listing describes the property as eligible for 100% bonus depreciation and as being configured to support scheduled rental increases every five years, indicating provisions for periodic rent…

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 · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$914k
Assessed land$155k
Assessed improvement$759k
Effective rate0.86%

Value estimate

· Nov 2026
$2.72M
$2.45M – $2.99M
AI approach$2.49M
Submarket $/SF estimate$1.84M
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$6k
Operating expenses−$26k
NOI · 1.92% cap applied$61k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$52 – $351
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.92%
$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCRAVEN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.2
Wholesale Shop9.0
Building Supply8.9

Location

370 Nc Highway 43 Vanceboro, NC 28586
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1925 Nc Hwy 43, Vanceboro, NC 28586-8915 $210,000 Oct 2024 2,240 SF
8141 Main, Vanceboro, NC 28586-9155 $125,000 Jan 2024 2,184 SF
403 Farm Life, Vanceboro, NC 28586 $34,000 Jul 2023 1,397 SF
200 Nc Hwy 43, Vanceboro, NC 28586-8906 $150,000 Jan 2023 1,512 SF
210 Nc Hwy 43, Vanceboro, NC 28586-8906 $250,000 Jun 2022 4,000 SF
3710 Riv, Vanceboro, NC 28586-8522 $181,000 Nov 2020 2,645 SF
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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