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    Property profile & analytics

    616 Main St Elm City, NC 27822-8770

    • Grocery and convenience stores
    • 2,432 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Jan 28, 2025
    Location Intelligence
    Property ID
    US53-4601666
    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.

    Current Use by Public Records

    • Elm City Friendly Mart / Gas Station / Grill
    • ATM (Elm City Friendly Mart) / Atm

    Property Details for 616 Main St

    Year built
    1993
    Lot size
    1.44 lot acres
    Property size
    2,432 SF
    Property type
    Grocery and convenience stores
    APN
    3734-99-8349.000
    APU
    3734998349000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elm City
    County
    Wilson
    State
    North Carolina
    Longitude
    -77.8539
    Latitude
    35.8037
    CBSA code
    48980
    CBSA name
    WILSON, 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
    2021
    $2,160
    $36,000
    $99,747
    $135,747
    -
    $36,000
    $99,747
    $135,747

    Comparable in this City

    • Value Estimation
      $465,000
      2,160 SF

      102 Parker St

      CONVENIENCE STORE • 2,160 SF
      102 Parker St, Elm City, NC 27822
      View Details
    • Value Estimation
      $520,000
      12,137 SF

      507 Br St

      GROCERY, SUPERMARKET • 12,137 SF
      507 Br St, Elm City, NC 27822
      View Details
    • Value Estimation by Request
      3,540 SF

      3103 Corbett Ave

      CONVENIENCE STORE • 3,540 SF
      3103 Corbett Ave, Elm City, NC 27822-8253
      View Details
    • Value Estimation by Request
      9,100 SF

      5250 Nc 97th E

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      5250 Nc 97th E, Elm City, NC 27822-7970
      View Details
    • Value Estimation by Request
      2,625 SF

      5184 Nc 97th E

      RETAIL STORES (PERSONAL SERVICES) • 2,625 SF
      5184 Nc 97th E, Elm City, NC 27822-9499
      View Details
    • Value Estimation by Request
      1,800 SF

      7442 Nc 58th S

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      7442 Nc 58th S, Elm City, NC 27822-8020
      View Details

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    616 Main St
    Elm City, NC 27822-8770
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    Realmo Value Estimation

    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.

    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.

    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
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