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    Property profile & analytics

    400 Somerset Dr Washington, NC 27889-6552

    • Specialty properties
    • 2.31 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US53-4823131
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Somerset Community Center / Event Venue

    Property Details for 400 Somerset Dr

    Year built
    2007
    Lot size
    2.31 lot acres
    Property type
    Specialty properties
    APN
    5686-57-3612
    APU
    5686573612

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Beaufort
    State
    North Carolina
    Longitude
    -77.0316
    Latitude
    35.5685
    CBSA code
    47820
    CBSA name
    WASHINGTON, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $43,100
    $259,070
    $302,170
    -
    $43,100
    $259,070
    $302,170

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      506 Respess St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,600 SF
      506 Respess St, Washington, NC 27889-4429
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    • Value Estimation by Request
      2,501 SF

      Us 264

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,501 SF
      Us 264, Washington, NC 27889
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    • Value Estimation by Request
      1,200 SF

      Nc 171

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,200 SF
      Nc 171, Washington, NC 27889
      View Details
    • Value Estimation
      $320,000
      9.14 Acres

      519 Tranters Crk Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 9.14 Acres
      519 Tranters Crk Rd, Washington, NC 27889-8767
      View Details
    • Value Estimation by Request
      1,803 SF

      1255 Cowell Farm Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,803 SF
      1255 Cowell Farm Rd, Washington, NC 27889-3440
      View Details
    • Value Estimation
      $465,000
      8,862 SF

      219 Bonner St

      FUNERAL HOME • 8,862 SF
      219 Bonner St, Washington, NC 27889-5018
      View Details

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    • Contact for pricing

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    • Contact for pricing
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    Similar Nearby for Lease

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      Retail space for rent in downtown Washington, North Carolina.
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    400 Somerset Dr
    Washington, NC 27889-6552
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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