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Property profile & analytics
OFF-MARKET
Office buildings
603 Queen St Kinston, NC 28501-4339
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2854820
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Total area
2,371 SF
Lot
0.11 ac (4,792 SF)
Zoning code
B-2
APN
452547356062
UPID
US53-2854820
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
-
Grady Dental Laboratory Dental Office
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
James T Grady · 7 yrs held
James T Grady
since 2019
2 recorded transactions
Zoning & alternative use
B-2 · 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,529
Tax year 2024
Assessed value
$94,669
Assessed 2024
Previous assessed
$94,669
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$9,270
Assessed improvement
$85,399
Land market value
$9,270
Improvement market value
$85,399
Total market value
$94,669
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
1964
Heating
OTHER
Cooling
CENTRAL
Stories
1
Rooms
10
Total area
2,371 SF
Lot
0.11 ac (4,792 SF)
Zoning code
B-2
APN
452547356062
UPID
US53-2854820
Jurisdiction
LENOIR
Zoning & alternative use
B-2 · Kinston, NC
Zoning B-2 · permitted uses
B-2 · 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
1964
Heating
OTHER
Cooling
Yes
Stories
1
Rooms
10
Lot
0.11 ac
Current owner
From public records · entity-resolved
James T Grady
Individual
Mailing address
1003 WALKER DR, KINSTON, NC 28501-3658
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 7, 2021
—
James T Grady
—
Deed
related
$379,000 · Dogwood State Bank
Jul 1, 2019
$105,000
James T Grady
Grady,arey W JR & Mary A
Grant Deed
related
$750,000 · Arey W & Mary A Grady
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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