Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Boykin Bridge Rd, NC

    • Office buildings
    • 12.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-4984710
    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

    • Office buildings

    Property Details for Boykin Bridge

    Lot size
    12.50 lot acres
    Property type
    Office buildings
    APN
    9096012001
    APU
    9096012001

    Value Estimations

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rd
    County
    Sampson
    State
    North Carolina
    Longitude
    -78.4853
    Latitude
    34.8502

    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
    2024
    $8,053
    $0.00
    $0.00
    $1,134,293
    -
    $21,169
    $1,133,783
    $1,154,952

    Comparable in this City

    • Value Estimation by Request
      0.02 Acres

      E

      OFFICE BUILDING • 0.02 Acres
      E, Fourteenth St, NC
      View Details
    • Value Estimation by Request
      5,455 SF

      Charles Blvd, NC

      OFFICE BUILDING • 5,455 SF
      Charles Blvd, NC
      View Details
    • Value Estimation by Request
      1,436 SF

      Grover Rd, NC

      OFFICE BUILDING • 1,436 SF
      Grover Rd, NC
      View Details
    • Value Estimation by Request
      0.01 Acres

      Mallard Crk Church Rd

      OFFICE BUILDING • 0.01 Acres
      Mallard Crk Church Rd, Charlotte, NC
      View Details
    • Value Estimation by Request
      8,148 SF

      Huffman Mill

      OFFICE BUILDING • 8,148 SF
      Huffman Mill, Rd, NC
      View Details
    • Value Estimation
      $540,000
      4,528 SF

      S

      OFFICE BUILDING • 4,528 SF
      S, Lafayette St, NC
      View Details

    Similar Nearby for Sale

    • $1,999,000
      2,704 SF

      Freestanding Building Near Wrightsville Beach

      2,704 SF building with high visibility near Wrightsville Beach.
      2026 Eastwood Rd, Wrightsville Beach, NC
      View Details
    • $1,135,872
      3,886 SF

      Net Leased Investment Opportunity

      Net leased medical office building with long-term tenant.
      795 Us-64, Plymouth, NC
      View Details
    • $4,800,000
      20,686 SF

      St. James Biotech Ready Facility

      Bio-tech ready facility in St. James, Brunswick County, NC.
      4332 Southport-Supply Rd, Southport, NC
      View Details
    • $1,900,000
      7,500 SF

      All-Brick Office Building For Sale

      High-traffic location, superior construction, and customizable unfinished space.
      210 Hwy, Morehead City, NC
      View Details
    • $10,950,000
      132,053 SF

      Premier Office Asset in Charlotte

      High-quality office building in a bustling business hub.
      4100 S Strm Blvd, Charlotte, NC
      View Details
    • $1,699,000
      15,600 SF

      Downtown Winston-Salem Office Building

      15,600 SF building in downtown Winston-Salem for sale/lease.
      201 N Broad St, Winston-Salem, NC
      View Details

    Similar Nearby for Lease

    • $2,950,000
      12,026 SF

      Free-Standing Office Building in Jacksonville

      12,026 SF office building with 39 offices in Jacksonville.
      301 Dr Northwest, Jacksonville, NC
      View Details
    • $13 SF/Yr
      14,322 SF

      Greensboro Office/HQ Opportunity For Rent

      Two-story office building with training rooms available for rent.
      3107 S Elm-Eugene St, Greensboro, NC
      View Details
    • Contact for pricing
      73,828 SF

      Office Space Near Grandover Resort

      Office building near I-85 and Grandover mixed-use development.
      4620 Stone Vlg Rd, Greensboro, NC
      View Details
    • $19 SF/Yr
      14,395 SF

      Class A Office Building

      Four-story Class A office building near Hanes Mall Boulevard.
      2025 Frontis Plz Blvd, Winston-Salem, NC
      View Details
    • $20 SF/Yr
      19,968 SF

      Freestanding Office Building For Rent

      Freestanding office building with covered parking and elevator access.
      285 S Stratford Rd, Winston-Salem, NC
      View Details
    • $40 SF/Yr
      124,188 SF

      Modern Office Space in Cary

      Office space in a dynamic mixed-use environment with superior access.
      Fenton — 1 Fenton Main, Cary, NC
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Boykin Bridge
    Rd, NC
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.