1319 Virginia Dare Trl, Kill Devil Hills, NC 27948
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.
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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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.