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

    W Arlington Blvd, NC

    View on Map
    • Office buildings
    • 8,498 SF
    • 1.03 lot acres
    Off-Market
    Property ID
    US53-1504986
    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
    $870,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for W

    Year built
    2002
    Lot size
    1.03 lot acres
    Property size
    8,498 SF
    Zone code
    O
    Property type
    Office buildings
    APN
    79564
    APU
    79564

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $750,000
      Current use
      MEDICAL BUILDING
      $1,050,000
      Change: +40% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $795,000
      Change: +6% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $745,000
      Change: -1% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington Blvd
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.4049
    Latitude
    35.596
    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
    $14,115
    $269,202
    $933,498
    $1,202,700
    -
    $269,202
    $933,498
    $1,202,700

    Comparable in this City

    • Value Estimation by Request
      29.49 Acres

      N

      OFFICE BUILDING • 29.49 Acres
      N, Mccullen Rd, NC
      View Details
    • Value Estimation by Request
      142.33 Acres

      Casey Rd, NC

      OFFICE BUILDING • 142.33 Acres
      Casey Rd, NC
      View Details
    • Value Estimation by Request
      3.00 Acres

      Potato House Rd, NC

      OFFICE BUILDING • 3.00 Acres
      Potato House Rd, NC
      View Details
    • Value Estimation
      $15,370,000
      189,690 SF

      Rock Spring

      OFFICE BUILDING • 189,690 SF
      Rock Spring, Rd, NC
      View Details
    • Value Estimation
      $955,000
      8,320 SF

      Industry Ct, NC

      OFFICE BUILDING • 8,320 SF
      Industry Ct, NC
      View Details
    • Value Estimation by Request
      2,322 SF

      Clarks Neck

      OFFICE BUILDING • 2,322 SF
      Clarks Neck, Rd, NC
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      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
    • $2,950,000
      12,026 SF

      Free-Standing Office Building in Jacksonville

      12,026 SF office building with 39 offices in Jacksonville.
      301 Northwest Dr, Jacksonville, 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
      4,800 SF

      Dilworth Office Building For Sale

      Office building in Dilworth, near South Boulevard and LYNX.
      315-329 Renssalaer Ave, Charlotte, NC
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      73,828 SF

      Office Space Near Grandover Resort

      Office building near I-85 and Grandover mixed-use development.
      4620 Stone Village Rd, Greensboro, NC
      View Details
    • Contact for pricing
      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
    • $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
    • $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
    • Contact for pricing
      35,079 SF

      Premier Office Asset in Charlotte

      High-quality office building in a bustling business hub.
      4100 S Strm Blvd, Charlotte, NC
      View Details
    • Contact for pricing

      New Office Space For Rent

      New construction office space available for rent in Winston-Salem.
      4721 Country Clb Rd, Winston-Salem, 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.
    W
    Arlington 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!