210 Hwy Morehead City, NC 28557
This exceptional 4,000-square-foot warehouse, located at 210 Highway 24 in Morehead City, North Carolina, presents a unique investment opportunity. Situated in Carteret County, this single-tenant industrial property boasts a prime location on a high-traffic highway, enjoying visibility near a major retailer like Walmart. The building itself is a high-quality, recently constructed all-brick structure, built to exacting standards. Features include a durable TPO roof and hurricane-rated windows, ensuring both longevity and resilience. While much of the interior remains unfinished, this offers significant flexibility for customization to meet specific business needs. The insulation is already in place, and sheetrock is on-site, ready for installation, minimizing build-out time and costs. Exterior improvements include a completed concrete-curbed parking lot and a prominent pylon sign, incorporating LED lighting to maximize visibility to the reported 24,000 vehicles passing daily. This property is ideal for businesses seeking a modern, adaptable space in a high-traffic area with excellent visibility. The property is zoned for commercial and warehouse use. The zip code is 28557.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.