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Property profile & analytics
OFF-MARKET
Estimated value
$4,030,000
Commercial real estate
807 Corbett Ave Ste 1, Swansboro, NC 28584-9039
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1537520
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1963
Total area
26,540 SF
Lot
1.1 ac (47,916 SF)
Zoning code
B-1
APN
31347
UPID
US53-1537520
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.54M
CAP Approach
CAP
$2.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.03M
Owner & transaction history
Lejeune Motor Company · 3 yrs held
Lejeune Motor Company
since 2023
Last sale
$4.5M
5 recorded transactions
Zoning & alternative use
B-1 · Swansboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$6.2M
+55.5%
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 Swansboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Swansboro 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
$3,795,000
ML approach
$4,535,000
CAP Approach
CAP Return
Estimation
6%
$3,050,000
6.5%
$2,815,000
7%
$2,615,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,975,000
Current use
INDUSTRIAL (GENERAL)
$6,180,000
Change: +56% · Conversion: Moderate
Blend value · Realmo final
$4.03M
Range $3.63M – $4.43M · ±10% · vs last sale $4.50M (Feb 2 2023)
Last sale anchor
$4.50M
Feb 2 2023
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
$152 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$16,950
Tax year 2024
Assessed value
$1,686,530
Assessed 2024
Previous assessed
$1,686,530
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$503,120
Assessed improvement
$1,183,410
Land market value
$503,120
Improvement market value
$1,183,410
Total market value
$1,686,530
Applied tax rate
1,322.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1963
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
2
Total area
26,540 SF
Lot
1.1 ac (47,916 SF)
Zoning code
B-1
APN
31347
UPID
US53-1537520
Jurisdiction
ONSLOW
Zoning & alternative use
B-1 · Swansboro, NC
Zoning B-1 · permitted uses
B-1 · Swansboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Swansboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.0M
INDUSTRIAL (GENERAL)
Est. value
$6.2M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (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
1963
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Lejeune Motor Company
Entity
Free & Clear · 3 yrs held
Mailing address
2215 N MARINE BLVD, JACKSONVILLE, NC 28546-6916
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2023
$4,500,000
Lejeune Motor Company
Greene Property Management Group Ll
Warranty Deed
—
Aug 7, 2020
$4,000,000
Greene Prop Mgmt Grp LLC
Peter J Timmins
Warranty Deed
—
Jul 10, 2013
—
Peter J Timmins III
—
Trustees Deed
related
$1,500,000 · First Citizens Bank & Trust Co
—
—
Peter J Timmins III
—
Deed Of Trust
related
$960,000 · Rbc Bank (usa)
—
—
Peter J Timmins III
—
Deed Of Trust
related
$985,312 · Coastal Bank & Trust
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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