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    Property profile & analytics

    403 Martin Luther King Dr Elizabethtown, NC 28337

    • Retail space
    • 1,035 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 01, 2022
    $17,500
    Location Intelligence
    Property ID
    US53-3231109
    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

    • Retail space

    Property Details for 403 Martin Luther King Dr

    Year built
    1940
    Lot size
    0.02 lot acres
    Property size
    1,035 SF
    Property type
    Retail space
    APN
    15791
    APU
    15791

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Bladen
    State
    North Carolina
    Longitude
    -78.6097
    Latitude
    34.626

    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
    $113
    $5,220
    $9,130
    $14,350
    -
    $5,220
    $9,129
    $14,349

    Comparable in this City

    • Value Estimation by Request
      600 SF

      Davis St

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      Davis St, Elizabethtown, NC 28337
      View Details
    • Value Estimation by Request
      1,090 SF

      412 Martin Luther King Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,090 SF
      412 Martin Luther King Dr, Elizabethtown, NC 28337
      View Details
    • Value Estimation by Request
      918 SF

      501 Martin Luther King Dr

      RETAIL STORES (PERSONAL SERVICES) • 918 SF
      501 Martin Luther King Dr, Elizabethtown, NC 28337
      View Details
    • Value Estimation by Request
      1,160 SF

      423 Nc Hwy 53rd W

      RETAIL STORES (PERSONAL SERVICES) • 1,160 SF
      423 Nc Hwy 53rd W, Elizabethtown, NC 28337-5012
      View Details
    • Value Estimation by Request
      3,724 SF

      168 Poplar St

      RETAIL STORES (PERSONAL SERVICES) • 3,724 SF
      168 Poplar St, Elizabethtown, NC 28337
      View Details
    • Value Estimation by Request
      1,600 SF

      3750 Us Hwy 701st N

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      3750 Us Hwy 701st N, Elizabethtown, NC 28337-6182
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      0.46 Acres

      Half-Acre Elizabethtown Land Parcel

      Land with potential for residential or business use.
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    Elizabethtown, NC 28337
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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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