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Financial
Distress signals
Property profile

402 Water St Elizabeth City, NC 27909

OFF-MARKET
Other warehouses
Property ID
US53-4519256
0.15 ac lot Built 1915
Last sale Jul 2024 · $169,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Elizabeth City Milling Company building is an existing warehouse structure built over the river and located at 402 S Water St in downtown Elizabeth City, adjacent to Waterfront Park. The building is configured as a shell condition and is described as lacking flooring and a roof, indicating that redevelopment would require full interior build-out and roofing installation. The defining physical characteristics are its waterfront setting and warehouse construction over the river.

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 · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$165k
Effective rate1.41%

Value estimate

· Oct 2026
$170k
$153k – $187k
AI approach$170k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
The CB Central Business District is primarily intended to accommodate a wide variety of commercial activities, particularly those that ar...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPASQUOTANK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.6
Wholesale Shop19.4
Realty agency19.2

Location

402 Water St Elizabeth City, NC 27909
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
103 Enterprise, Elizabeth City, NC 27909 $790,000 Dec 2024 No data
103 Impact, Elizabeth City, NC 27909 $750,000 Nov 2024 No data
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
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