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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Office buildings
A B Evans St, NC
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1190675
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
4,018 SF
Lot
0.46 ac (20,038 SF)
Zoning code
CG
APN
27388
UPID
US53-1190675
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
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Mdc Nc1 LP · 2 yrs held
Mdc Nc1 LP
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
CG · Evans St, 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 Evans St submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evans St 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
$1,555,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±10% · vs last sale $2.20M (Aug 14 2023)
Last sale anchor
$2.20M
Aug 14 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
$409 / 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
$1,995
Tax year 2023
Assessed value
$169,973
Assessed 2023
Previous assessed
$169,973
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$162,033
Assessed improvement
$7,940
Land market value
$162,033
Improvement market value
$7,940
Total market value
$169,973
Applied tax rate
40.0000
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
1988
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Rooms
10
Bathrooms
2
Total area
4,018 SF
Lot
0.46 ac (20,038 SF)
Zoning code
CG
APN
27388
UPID
US53-1190675
Jurisdiction
PITT
Zoning & alternative use
CG · Evans St, NC
Zoning CG · permitted uses
CG · Evans St, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Evans St. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Mdc Nc1 LP
Entity
Free & Clear · 2 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2023
$2,200,000
Mdc Nc1 LP
Twas Properties LLC
Special Warranty Deed
—
Aug 14, 2023
—
New Potato Creek Holdings LLC
Mdc Nc1 LP
Lease
—
Dec 12, 2022
$2,200,000
Twas Properties LLC
Hbl Investments LLC
Special Warranty Deed
—
Jan 3, 2011
—
Er Lewis Construction Co INC
—
Grant Deed
related
$9,509,397 · Branch Bk&tr
Aug 1, 2006
$385,000
Er Lewis Const Co INC
Owner Name Unavailable
Grant Deed
related
—
—
—
E R Lewis Construction Co INC
—
Deed Of Trust
related
$1,342,040 · First Bk
—
—
E R Lewis Construction Co INC
—
Deed Of Trust
related
$537,962 · Bank Of Nc
—
—
Harvey R Lewis
—
Loan Modification
related
$850,000 · Bank Of Nc
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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