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Property profile & analytics
OFF-MARKET
Specialty properties
510 Martin St Elizabeth City, NC 27909-4934
Entity Owned
20-yr Hold
Free & Clear
Property ID
US53-4447790
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1940
Lot
0.16 ac (6,752 SF)
Zoning code
R-6
APN
891308876953
UPID
US53-4447790
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Northeastern Community Development · 20 yrs held
Northeastern Community Development
since 2005
2 recorded transactions
Zoning & alternative use
R-6 · Elizabeth City, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-6 Residential District is primarily intended to accommodate a variety of medium density single family detached dwellings, modular homes, two family dwellings, and multi family dwellings, maximum densities within the R-6 District include approximately 7 dwelling units per gross acre for single family detached dwellings, 9 dwelling units per gross acre f…
Zone name
Residential
General category
RESIDENTIAL
Zone area
697.97 ac
Source
Realmo
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 Elizabeth City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$95,791
Tax year 2023
Assessed value
$31,600
Assessed 2023
Previous assessed
$31,600
+0.0% YoY
Effective rate
303.14%
On assessed value
Land market value
$24,500
Improvement market value
$7,100
Total market value
$31,600
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1940
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Lot
0.16 ac (6,752 SF)
Zoning code
R-6
APN
891308876953
UPID
US53-4447790
Jurisdiction
PASQUOTANK
Zoning & alternative use
R-6 · Elizabeth City, NCZoning R-6 · permitted uses
R-6 · Elizabeth City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-6 Residential District is primarily intended to accommodate a variety of medium density single family detached dwellings, modular homes, two family dwellings, and multi family dwellings, maximum densities within the R-6 District include approximately 7 dwelling units per gross acre for single family detached dwellings, 9 dwelling units per gross acre for two family residences, and 10 to 12 multi family dwelling units per gross acre
Zone name
Residential
General category
RESIDENTIAL
Zone area
697.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Cooling
Yes
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Northeastern Community Development
Entity
Free & Clear · 20 yrs held
Mailing address
PO BOX 367, CAMDEN, NC 27921-0367
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2005
$33,500
Northeastern Community Development
Alfred M Monela
Warranty Deed
—
Sep 16, 2005
—
Alfred M Moncla
Alfred M Moncla
Warranty Deed
related
—
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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