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    Property profile & analytics

    407 Mercer Ml Rd Elizabethtown, NC 28337-3952

    • Office Properties & Spaces
    • 2,892 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 30, 2023
    Location Intelligence
    Property ID
    US53-3351384
    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

    • Institute For Divine Health / Medical Clinic
    • Beverly Lessane / Internist

    Property Details for 407 Mercer Ml Rd

    Year built
    1971
    Lot size
    0.81 lot acres
    Property size
    2,892 SF
    Property type
    Office Properties & Spaces
    APN
    16011
    APU
    16011

    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
    -78.604
    Latitude
    34.6195

    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
    $801
    $35,280
    $66,760
    $102,040
    -
    $35,284
    $66,758
    $102,042

    Comparable in this City

    • Value Estimation by Request
      642 SF

      3rd St

      OFFICE (GENERAL) • 642 SF
      3rd St, Elizabethtown, NC 28337
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      900 SF

      7160 Albert St

      OFFICE (GENERAL) • 900 SF
      7160 Albert St, Elizabethtown, NC 28337
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    • Value Estimation by Request
      1,340 SF

      204 Broad St

      OFFICE (GENERAL) • 1,340 SF
      204 Broad St, Elizabethtown, NC 28337
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    • Value Estimation by Request
      960 SF

      205 Cypress St

      OFFICE (GENERAL) • 960 SF
      205 Cypress St, Elizabethtown, NC 28337-3953
      View Details
    • Value Estimation by Request
      2,586 SF

      109 Ml St

      OFFICE (GENERAL) • 2,586 SF
      109 Ml St, Elizabethtown, NC 28337-3956
      View Details
    • Value Estimation by Request
      2,432 SF

      306 Broad St

      OFFICE (GENERAL) • 2,432 SF
      306 Broad St, Elizabethtown, NC 28337-9396
      View Details

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      58.83 Acres

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      Sprawling 60-acre property in Elizabethtown, zoned R-20.
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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 28337-3952
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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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