Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    H Smith Blvd, NC
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    H Smith Blvd, NC

    View on Map
    • Office properties & Spaces
    • 13,210 SF
    • 1.23 lot acres
    Off-Market
    Property ID
    US53-2472883
    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.
    Value Estimations
    $1,285,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for H

    Year built
    2011
    Lot size
    1.23 lot acres
    Property size
    13,210 SF
    Zone code
    CG
    Property type
    Office properties & Spaces
    APN
    80649
    APU
    80649

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,165,000
      Current use
      MEDICAL BUILDING
      $1,630,000
      Change: +40% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,235,000
      Change: +6% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,155,000
      Change: -1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Smith Blvd
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.4004
    Latitude
    35.598
    CBSA code
    24780
    CBSA name
    GREENVILLE, NC METROPOLITAN 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
    2023
    $0.00
    $321,474
    $50,720
    $372,194
    -
    $321,474
    $50,720
    $372,194

    Comparable in this City

    • Value Estimation
      $2,090,000
      18,352 SF

      Sr, NC

      OFFICE (GENERAL) • 18,352 SF
      1946, Sr, NC
      View Details
    • Value Estimation by Request
      748 SF

      B

      CONDOMINIUM OFFICES • 748 SF
      B, Evans St, NC
      View Details
    • Value Estimation by Request
      896 SF

      Bladenboro Airport Rd, NC

      OFFICE (GENERAL) • 896 SF
      Bladenboro Airport Rd, NC
      View Details
    • Value Estimation
      $1,375,000
      14,283 SF

      Moncure Pittsboro Rd, NC

      OFFICE (GENERAL) • 14,283 SF
      Moncure Pittsboro Rd, NC
      View Details
    • Value Estimation
      $3,575,000
      399 SF

      Legacy Fls Dr

      OFFICE (GENERAL) • 399 SF
      Legacy Fls Dr, S, NC
      View Details
    • Value Estimation by Request
      2,040 SF

      2790 C Dickinson Avenue

      CONDOMINIUM OFFICES • 2,040 SF
      2790 C Dickinson Avenue, Ext, NC
      View Details

    Similar Nearby for Sale

    • $250,000
      5,011 SF

      Winston-Salem Office Space Available

      Office space available for lease in Winston-Salem, North Carolina.
      3305 Stockton St, Winston-Salem, NC
      View Details
    • Contact for pricing
      4,200 SF

      Heartland Dental Investment Opportunity

      Recently constructed Heartland Dental in Kernersville, NC for sale.
      1472 Jag Branch Blvd, Kernersville, 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
    • Contact for pricing
      182,170 SF

      Class A Office Asset

      Single tenant office building fully leased to Corning through 2034.
      4200 Corning Pl, Charlotte, NC
      View Details
    • $3,800,000
      35,000 SF

      Winston-Salem Campus with Redevelopment Potential

      35,000+ sqft campus near US 74/Hwy 52 and University Parkway.
      271-289 Mercantile Dr, Winston-Salem, NC
      View Details
    • Contact for pricing
      9,712 SF

      Leased Medical Office Building

      100% leased medical office building with strong credit tenant.
      390 W Salem Ave, Winston-Salem, NC
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,864 SF

      Move-in Ready Medical Office Space

      First floor medical office in convenient location near I-40.
      725 Highland Oaks Dr, Winston-Salem, NC
      View Details
    • Contact for pricing
      13,333 SF

      Medical Office Building For Lease

      Three-story medical office building with pre-leasing options for 2025.
      720 Lyle Crews Rd, Matthews, NC
      View Details
    • $31 SF/Yr
      4,000 SF

      Customizable Office Building For Lease

      4,000 SF customizable office building in Waterford Business Park.
      52 Waterford Business Ctr Way, Belville, NC
      View Details
    • Contact for pricing
      7,161 SF

      Class A Office Space Available

      Class A office in airport submarket with many amenities.
      4235 S Strm Blvd, Charlotte, NC
      View Details
    • Contact for pricing

      Corner Lot Showroom/Office with Warehouse

      Showroom/office with conditioned warehouse on Beach Drive.
      7011 Beach Dr, Ocean Isle Beach, NC
      View Details
    • $40 SF/Yr

      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.
    H
    Smith Blvd, 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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!