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Property profile & analytics
FOR SALE
Office buildings
706 N Berkeley Blvd, Goldsboro, NC 27534
Entity Owned
Free & Clear
Property ID
US53-2608944
For Sale
1 / 13
$975,000
706 N Berkeley Blvd, Goldsboro, NC 27534
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Construction
WOOD
Total area
5,764 SF
Lot
0.42 ac (18,500 SF)
Zoning code
O&I
APN
3519539599
UPID
US53-2608944
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
-
Academics Plus, Inc. Tutoring Service
-
Smith Legal PLLC Law Firm Child Welfare Organization
-
Academic Abundance Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$535k
Blend (final)
Blend
$700k
Owner & transaction history
Deligh 7b Re LLC
Deligh 7b Re LLC
since 2025
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
O&I · Goldsboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$515,000
+22.3%
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 Goldsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goldsboro 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$420,000
Current use
COMMERCIAL (GENERAL)
$515,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $900k (Jul 1 2025)
Last sale anchor
$900k
Jul 1 2025
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
$121 / 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
$8,560
Tax year 2023
Assessed value
$581,340
Assessed 2024
Previous assessed
$581,340
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$242,500
Assessed improvement
$338,840
Land market value
$242,500
Improvement market value
$338,840
Total market value
$581,340
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
For Sale
Year built
1993
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Total area
5,764 SF
Lot
0.42 ac (18,500 SF)
Zoning code
O&I
APN
3519539599
UPID
US53-2608944
Jurisdiction
WAYNE
Zoning & alternative use
O&I · Goldsboro, NC
Zoning O&I · permitted uses
O&I · Goldsboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Goldsboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$420,000
COMMERCIAL (GENERAL)
Est. value
$515,000
OFFICE BUILDING Current
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
1993
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Deligh 7b Re LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 11453, GOLDSBORO, NC 27532-1453
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$900,000
Deligh 7b Re LLC
Riddle & Smith Holdings LLC
Warranty Deed
—
Jul 21, 2017
—
Riddle & Smith Holdings LLC
—
Deed
related
$425,000 · First Citizens Bank & Trust Co
Jun 15, 2009
$560,000
Kenneth Earl Benton
Lu Properties LLC
Deed
$476,000 · First Citizens Bank & Trust Co
Mar 23, 2006
$500,000
Lu Properties LLC
Alternative Properties INC
Warranty Deed
$425,000 · New Century 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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