4000 Macgregor Downs Rd Greenville, NC 27834-7413
Entity Owned
6-yr Hold
~
Est. High Equity
Estimated value (blended)
$2.65M
Range $2.39M – $2.92M (±10%)
Property ID
US53-1128320
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2001
Total area
51,430 SF
Lot
25.57 ac (1,113,829 SF)
Zoning code
RA20
APN
59632
UPID
US53-1128320
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
High School
-
Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.65M
Owner & transaction history
since 2020
3 recorded transactions
Zoning & alternative use
RA20 · Greenville, NC
Zoning description
RA20 (Residential- Agricultural) To accommodate a compatible mixture of single-family dwellings and agricultural uses at lower densities. These areas are generally found in areas without sewer service that are not yet ap…
General category
RESIDENTIAL
Top alternative use upside
Auto repair, garage
$4.3M
+32.6%
Commercial (general)
$4.2M
+30.7%
Apartment house (5+ units)
$4.0M
+25.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
7 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.65M
Value range
$2.39M – $2.92M
±10% around blend
Estimated value / SF
$52 / SF
Confidence
Property data
75
Comparable evidence
60
$2.39M
blend $2.65M
$2.92M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
51,430 SF
Lot area
25.57 ac
Year built
2001
Stories
1
APN
59632
Assessed value
$6,973,943
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+33%
vs current-use indication
Commercial (general)
Apartment House (5+ Units)
Retail Stores
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.97M
Move the market yield to see immediate price impact.
Value / SF
$136
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$439k
$8.79M
$6.28M
$4.88M
$488k
$9.76M
$6.97M
$5.42M
$537k
$10.74M
$7.67M
$5.97M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$6,973,943
Assessed 2023
Previous assessed
$6,973,943
+0.0% YoY
Assessed land
$767,100
Assessed improvement
$6,206,843
Land market value
$767,100
Improvement market value
$6,206,843
Total market value
$6,973,943
Applied tax rate
25.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2001
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
10
Bathrooms
15
Total area
51,430 SF
Lot
25.57 ac (1,113,829 SF)
Zoning code
RA20
APN
59632
UPID
US53-1128320
Jurisdiction
PITT
Zoning & alternative use
RA20 · Greenville, NCZoning RA20 · permitted uses
RA20 · Greenville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
RA20 (Residential- Agricultural) To accommodate a compatible mixture of single-family dwellings and agricultural uses at lower densities. These areas are generally found in areas without sewer service that are not yet ap…
General category
RESIDENTIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Rooms
10
Bathrooms
15
Lot
25.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RA20
RESIDENTIAL
Jurisdiction
Greenville, NC
Recorded code
RA20
Official district
RA20
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RA20 in Greenville, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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