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Property profile & analytics
OFF-MARKET
Estimated value
$4,445,000
Community centers
5601 Castle Hayne Rd, Castle Hayne, NC 28429-5219
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US53-5335403
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1982
Construction
CONCRETE
Total area
37,886 SF
Lot
4.26 ac (185,566 SF)
Zoning code
B-2,BUSINESS DISTRICT
APN
R01100-014-009-000
UPID
US53-5335403
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
-
Fresh Foods IGA Grocery & Convenience Store Food Market
-
Elite Fitness Center 24/7 of Castle Hayne Gym & Fitness Center
-
Hardee's Restaurant Take-out & Catering
-
Primo Water Exchange Big Box & Wholesale Store
-
Seaglass Monthly Market *3rd Weekend Only* Food Market Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.81M
Blend (final)
Blend
$4.45M
Owner & transaction history
Abbott Investment Co LLC · 13 yrs held
Abbott Investment Co LLC
since 2013
2 recorded transactions
Zoning & alternative use
B-2,BUSINESS DISTRICT · Castle Hayne, 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 Castle Hayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castle Hayne 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.45M
Range $4.00M – $4.89M · ±10%
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
$117 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,156
Tax year 2023
Assessed value
$3,017,500
Assessed 2023
Previous assessed
$3,017,500
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$222,200
Assessed improvement
$2,795,300
Land market value
$222,200
Improvement market value
$2,795,300
Total market value
$3,017,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2
Bathrooms
4
Total area
37,886 SF
Lot
4.26 ac (185,566 SF)
Zoning code
B-2,BUSINESS DISTRICT
APN
R01100-014-009-000
UPID
US53-5335403
Jurisdiction
NEW HANOVER
Zoning & alternative use
B-2,BUSINESS DISTRICT · Castle Hayne, NC
Zoning B-2,BUSINESS DISTRICT · permitted uses
B-2,BUSINESS DISTRICT · Castle Hayne, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Castle Hayne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Bathrooms
4
Lot
4.26 ac
Current owner
From public records · entity-resolved
Abbott Investment Co LLC
Entity
Mailing address
PO BOX 2183, LUMBERTON, NC 28359-2183
Ownership since
2013
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
Mar 1, 2013
$2,240,000
Abbott Investment Co LLC
Castle Plaza Dev LLC
Warranty Deed
$1,792,000 · Branch Banking & Trust Co
—
—
Castle Plaza Dev LLC
—
Deed Of Trust
related
$50,000 · Cooperative Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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