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    Property profile & analytics

    4923 Florence Rd Merritt, NC 28556

    • Specialty properties
    • 1,800 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-5081058
    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

    • Specialty properties

    Property Details for 4923 Florence Rd

    Year built
    1969
    Lot size
    0.80 lot acres
    Property size
    1,800 SF
    Property type
    Specialty properties
    APN
    K06-85
    APU
    K0685

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merritt
    County
    Pamlico
    State
    North Carolina
    Longitude
    -76.6569
    Latitude
    35.1427
    CBSA code
    35100
    CBSA name
    NEW BERN, NC MICROPOLITAN STATISTICAL AREA

    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
    $703
    $30,270
    $69,263
    $99,533
    -
    $30,270
    $69,263
    $99,533

    Comparable in this City

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    • Value Estimation
      $60,000
      784 SF

      19686 Nc Hwy 55

      WAREHOUSE, STORAGE • 784 SF
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    • Value Estimation
      $105,000
      3,120 SF

      118 Old Lupton Rd

      AUTO REPAIR, GARAGE • 3,120 SF
      118 Old Lupton Rd, Merritt, NC 28556
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    • Value Estimation
      $120,000
      1,336 SF

      17496 Nc Hwy 55

      OFFICE (GENERAL) • 1,336 SF
      17496 Nc Hwy 55, Merritt, NC 28556-9659
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    • Value Estimation by Request
      1,104 SF

      287 Old Lupton Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,104 SF
      287 Old Lupton Rd, Merritt, NC 28556
      View Details
    • Value Estimation by Request
      2.20 Acres

      1371 Alligator Loop Rd

      Land • 2.20 Acres
      1371 Alligator Loop Rd, Merritt, NC 28556
      View Details

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    4923 Florence Rd
    Merritt, NC 28556
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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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