Two-Story Commercial Building For
3410 BRIDGES ST Morehead City, NC 28557
3410 BRIDGES ST, Morehead City, NC, 28557
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For Sale
Contact for pricing
Two-story commercial building with ample parking in Morehead City.
Property Size26,224 SF
Price / SF$188.76
Days on Market63
Property Features for 3410 BRIDGES ST
General Information
- Standard status
- Active
- Size
- 26,224 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1985
Listing Agency
Mumford Company
Listed by
Justin Pinkard · License #VA 0226031997
Source
Crexi
Added: May 20 Updated: Jul 10 at 1:36 pm Checked: Jul 19 at 7:14 am
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- ±70 Parking Spaces available
- Eye‑catching brick façade
- Wood frame construction
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $393.4k | $15.00 |
| − Vacancy | −$47.2k | −$1.80 |
| EGI | $346.2k | $13.20 |
| − OpEx | −$181.7k | −$6.93 |
| NOI | $164.4k | $6.27 |
26,224 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$2.35M
$2.06M – $2.74M
NOI $164,424 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.87M
$6.88M – $9.18M
NOI $550,704 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Econo Lodge Crystal ...
Hotel & Motel
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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
