Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    600 Fontana Blvd Havelock, NC 28532
    Back to Search
    Property profile & analytics

    600 Fontana Blvd, Havelock, NC 28532

    View on Map
    • Community centers
    • 6,039 SF
    • 0.84 lot acres
    For Sale
    $799,000
    View Listing →
    Investment Opportunity in Havelock For Sale
    $799,000
    9,661 SF

    Investment Opportunity in Havelock

    Generating $5,300 monthly rental income; both sides occupied.

    600 Fontana Boulevard, Havelock, NC 28532
    View Listing
    Property ID
    US53-3670316
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Carolina Physical Therapy / Medical Clinic
    • New Commission Fellowship / Church
    • Embracing Differences / Daycare Center

    Property Details for 600 Fontana Blvd

    Year built
    1986
    Lot size
    0.84 lot acres
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    6-220 -094
    APU
    6220094

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $435,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $891,000
      Market price range: $317k - $2.12M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,125,000
      RETAIL STORES
      $1,105,000
      COMMERCIAL (GENERAL)
      $1,075,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Havelock
    County
    Craven
    State
    North Carolina
    Longitude
    -76.8897
    Latitude
    34.882
    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
    $3,571
    $77,940
    $231,300
    $309,240
    -
    $77,940
    $231,300
    $309,240

    Comparable in this City

    • Value Estimation by Request
      1,220 SF

      600th Fontana Blvd

      MINI-MALL
      600th Fontana Blvd, Havelock, NC 28532-3104
      View Details
    • Value Estimation
      $1,745,000
      9,824 SF

      Havelock, NC 28532

      MINI-MALL
      Havelock, NC 28532
      View Details
    • Value Estimation
      $3,700,000
      21,200 SF

      Havelock, NC 28532

      MINI-MALL
      Havelock, NC 28532
      View Details
    • Value Estimation
      $1,630,000
      16,930 SF

      1000 Main St

      MINI-MALL
      1000 Main St, Havelock, NC 28532-2317
      View Details
    • Value Estimation
      $1,520,000
      33,863 SF

      9 Mimosa Dr

      MINI-MALL
      9 Mimosa Dr, Havelock, NC 28532-2101
      View Details
    • Value Estimation by Request
      8,995 SF

      102 Trader Ave

      MINI-MALL
      102 Trader Ave, Havelock, NC 28532-2652
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      45,500 SF

      Havelock Shopping Center For Sale

      Inline shopping center near Marine Corps Air Station Cherry Point.
      243 W Main St, Havelock, NC 28532
      View Details
    • Contact for pricing
      5,500 SF

      Turn-Key Metal Building on Corner

      5500 sq/ft metal building on large corner lot.
      806 E Main St, Havelock, NC 28532
      View Details
    • $238,000

      Havelock Commercial Hub Opportunity

      Adaptable commercial space in a busy Havelock location.
      508 East Main St, Havelock, NC 28532
      View Details
    • Contact for pricing
      39,867 SF

      Havelock Mixed-Use Retail Property

      40,000 SF mixed-use retail property in Havelock, North Carolina.
      1 Park Ln, Havelock, NC 28532
      View Details
    • Contact for pricing
      13,813 SF

      Freestanding Walgreens in Havelock, NC

      Single tenant Walgreens with absolute NNN lease and zero responsibilities.
      101 W Main St, Havelock, NC 28532
      View Details
    • $679,000

      Retail/Restaurant Opportunity in Havelock

      2,694 SF retail/restaurant building, renovated in 2022, HC zoning.
      413 West Main St, Havelock, NC 28532
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    600 Fontana Blvd
    Havelock, NC 28532
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    600 Fontana Blvd, Havelock, NC, 28532
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!