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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Office buildings
610 Old Tar Vlg Rda-e, Winterville, NC 28590-7936
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1480824
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
5,841 SF
Lot
0.75 ac (32,670 SF)
Zoning code
GB
APN
72238
UPID
US53-1480824
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
-
Dolphus A. Thacker III, DC Alternative Medicine Practice
-
Winterville Town Office City Government Office
-
Koinonia Community Solutions Charitable Organization Social Service Agency
-
Winterville Barber & Beauty Barber Shop
-
Verde Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$521k
Blend (final)
Blend
$770k
Owner & transaction history
Department Of Transportation · 3 yrs held
Department Of Transportation
since 2023
3 recorded transactions
Zoning & alternative use
GB · Winterville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$990,000
+85.0%
Restaurant
$975,000
+82.7%
Medical building
$715,000
+33.6%
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 Winterville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winterville 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%
$1,120,000
6.5%
$1,030,000
7%
$960,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$535,000
Current use
APARTMENT HOUSE (5+ UNITS)
$990,000
Change: +85% · Conversion: Easy
RESTAURANT
$975,000
Change: +83% · Conversion: Moderate
MEDICAL BUILDING
$715,000
Change: +34% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$545,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$480,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$132 / 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
$5,254
Tax year 2023
Assessed value
$706,508
Assessed 2023
Previous assessed
$706,508
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$228,690
Assessed improvement
$477,818
Land market value
$228,690
Improvement market value
$477,818
Total market value
$706,508
Applied tax rate
70.0000
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
2007
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
5,841 SF
Lot
0.75 ac (32,670 SF)
Zoning code
GB
APN
72238
UPID
US53-1480824
Jurisdiction
PITT
Zoning & alternative use
GB · Winterville, NC
Zoning GB · permitted uses
GB · Winterville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winterville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$535,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$990,000
RESTAURANT
Est. value
$975,000
MEDICAL BUILDING
Est. value
$715,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$480,000
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Free & Clear · 3 yrs held
Mailing address
10100 GARY RD 999TH POTOMAC
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2023
—
Department Of Transportation
Ada Greenville LLC
Agreement Of Sale
—
Sep 13, 2010
—
Crocker,robert L
Crocker,r L & Sheron J
Quit Claim Deed
related
—
Jan 1, 2007
$230,000
H & S Props Of Pitt LLC
Owner Name Unavailable
Grant 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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