Property profile

2407 E Myrtle St Morehead City, NC 28557

FOR SALE
Residential land & home lots
Property ID
US53-Q009215
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Property summary

AI-generated overview

Lot 18 Build your dream home in a prime Morehead City location with serene Calico Creek views. This inviting homesite offers no HOA, yet features protective covenants to maintain the area's appeal. Ferabee and E Myrtle Streets are paved, and construction is already underway on several neighboring homes. Enjoy easy access to downtown Morehead, beautiful beaches, and convenient shopping—all just minutes away.

Property profile

Verified
Property type Residential land & home lots
UPID US53-Q009215

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2407 E Myrtle St Morehead City, NC 28557
Morehead City metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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