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Property profile & analytics
OFF-MARKET
Estimated value
$4,540,000
Office buildings
4179 Vernon Ave, Kinston, NC 28504-9655
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2531316
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
3,340 SF
Lot
0.96 ac (41,818 SF)
Zoning code
SC
APN
450503336004
UPID
US53-2531316
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Shell Rapid Lube Car Wash
-
Whistle Express Car Wash Car Wash
-
Valvoline Instant Oil Change Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.54M
Owner & transaction history
National Retail Properties LP · 4 yrs held
National Retail Properties LP
since 2021
Last sale
$4.2M
5 recorded transactions
Zoning & alternative use
SC · Kinston, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kinston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kinston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,805,000
ML approach
$4,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.54M
Range $4.09M – $4.99M · ±10% · vs last sale $4.20M (Sep 29 2021)
Last sale anchor
$4.20M
Sep 29 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,359 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,525
Tax year 2024
Assessed value
$899,404
Assessed 2024
Previous assessed
$899,404
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$648,000
Assessed improvement
$251,404
Land market value
$648,000
Improvement market value
$251,404
Total market value
$899,404
Applied tax rate
156.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Rooms
2
Total area
3,340 SF
Lot
0.96 ac (41,818 SF)
Zoning code
SC
APN
450503336004
UPID
US53-2531316
Jurisdiction
LENOIR
Zoning & alternative use
SC · Kinston, NC
Zoning SC · permitted uses
SC · Kinston, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kinston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
National Retail Properties LP
Entity
Free & Clear · 4 yrs held
Mailing address
450 S ORANGE AVE STE #900, ORLANDO, FL 32801-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
$4,200,000
National Retail Properties LP
Rcg2 LLC
Special Warranty Deed
—
Dec 22, 2020
—
Rcg2 LLC
—
Deed
related
$2,678,830 · Southern Bk
Aug 20, 2018
—
Rcg2 LLC
—
Deed
related
$2,380,000 · Southern Bk
—
—
Rcg2 LLC
—
Deed Of Trust
related
$2,380,000 · Southern Bk
—
—
Rcg2 LLC
—
Deed Of Trust
related
$2,678,830 · Southern Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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