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    OFF-MARKET
    Restaurants

    1319 Virginia Dare Trl, Kill Devil Hills, NC 27948

    1,596 SF Built 2008
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,596 sq ft restaurant opportunity in Kill Devil Hills, NC, presents a lucrative investment. Built in 2008, this property boasts a prime location on the Outer Banks, offering stunning ocean views. The space features upgraded appointments including hardwood floors, custom ceramic tile, and granite countertops. An electric fireplace adds to the ambiance. The property is exquisitely furnished and ready for immediate use as a residence, vacation rental, or thriving restaurant. The Croatan Surf Club community provides access to an impressive array of amenities, including an 84-foot oceanfront pool, a separate children's pool, a large hot tub, dune-top boardwalks with a gazebo, an indoor heated pool with a hot tub, and a fitness center. Its central location offers easy access to local shops, grocery stores, and restaurants. This turnkey operation presents a unique chance to own a piece of the Outer Banks' vibrant hospitality scene. The property's 3 bedrooms and 3 bathrooms offer additional versatility. The zip code is 27948.

    Property profile
    Verified
    Property type Restaurants
    Year built 2008
    Total area 1,596 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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