Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Story Commercial Building For Sale Title is generated by Realmo AI

    3410 BRIDGES ST, Morehead City, NC 28557

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two-story commercial building with ample parking in Morehead City.

    Type:Hospitality
    Property size:
    26,224 SF
    Price / SF:
    $188/SF
    Added:
    May 20, 2026
    Days on Market:
    8
    Last Refresh:
    May 21 at 7:26 am

    Property Features for 3410 BRIDGES ST

    General Information

    Standard status
    Active
    Size
    26,224 SF
    Property subtype
    Hospitality

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Justin Pinkard

    Listing agent Justin Pinkard License #VA 0226031997

    Listing office Mumford Company

    Listing date May 20, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Mumford Company

    HighLights

    • ±70 Parking Spaces available
    • Eye‑catching brick façade
    • Wood frame construction
    • Asphalt shingle roof
    • Two stories
    • Built in 1985

    Overview

    This two-story commercial building features exterior corridor wood frame construction and a brick facade. The roof is pitched and made of asphalt shingles. An asphalt parking lot provides approximately 70 parking spaces. The building has a total size of 26,224 square feet.
    Location Intelligence

    Current Use by Public Records

    Econo Lodge Crystal ... Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.7521496
    Latitude
    34.7275648

    Nearby Similar for Sale

    • $549,900
      1,510 SF

      Updated Commercial Property on Bridges Street

      Versatile commercial property in high-traffic location with recent updates.
      3014 Bridges Street, Morehead City, NC 28557
      View Details
    • $1,175,000
      3,881 SF

      Well-Maintained Office Building

      3,800 SF office building in a desirable location.
      4725 Country Club Road, Morehead City, NC 28557
      View Details
    • $750,000
      1,000 SF

      Versatile Commercial Property, High Visibility

      Remodeled commercial property with living space and outdoor patio.
      2401 Arendell Street, Morehead City, NC 28557
      View Details
    • $995,000
      2,380 SF

      Prime Commercial Space Waterfront District

      2,300+ sqft commercial space in Morehead City's Waterfront District.
      608 Arendell Street, Morehead City, NC 28557
      View Details
    • $525,000
      3,644 SF

      Income Property in Morehead City

      Income-producing property with five separate units in a prime location.
      106 N 9th Street, Morehead City, NC 28557
      View Details
    • $499,900
      3,861 SF

      Turn-Key Restaurant Business Opportunity

      Established restaurant for sale in prime Morehead City location.
      5380 Highway 70 W, Morehead City, NC 28557
      View Details
    • $465,000
      1,991 SF

      Charming Updated Condo with Amenities

      Updated condo with sound views, community pool, and tennis courts.
      153 Beaufort Court 3, Morehead City, NC 28557
      View Details
    • $1,100,000

      Restaurant Ready Building For Sale

      Restaurant-ready building with kitchen and walk-in coolers for sale.
      3010 Arendell St, Morehead City, NC
      View Details
    • $2,375,000
      15,750 SF

      Industrial Building on Corner Lot

      15,750 SF industrial building on 3.82-acre corner lot.
      301 Facility Drive, Morehead City, NC 28557
      View Details
    • $1,300,000
      7,688 SF

      Medical Office Space For Sale

      7,688 SqFt medical office space available for purchase.
      208 Penny Ln, Morehead City, NC 28557
      View Details
    • $420,000
      2,318 SF

      Move-in Ready Morehead City Office

      Office building in the heart of Morehead City, North Carolina.
      403 N 35th Street, Morehead City, NC 28557
      View Details
    • $1,200,000
      34,000 SF

      Income Producing Strip Mall

      High-traffic strip mall with nine bays and ample parking.
      5448 Highway 70 W, Morehead City, NC 28557
      View Details

    FAQs

    What type of property is this?
    Hotel - Two-story commercial building with ample parking in Morehead City.
    Where is this hotel located?
    The property is located at 3410 BRIDGES ST Morehead City, NC.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: ±70 Parking Spaces available; Eye‑catching brick façade; Wood frame construction
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Justin Pinkard
    Real Estate License ID: VA 0226031997
    Learn More
    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.
    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

    Thank You for Inquiry
    3410 BRIDGES ST, MOREHEAD CITY, NC
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!