5209 Narron Business Dr Morehead City, NC 28557
This exceptional 8,515-square-foot commercial property, located at 5209 Narron Business Dr, Morehead City, NC 28557, presents a unique investment opportunity. Built in 2011, this single-story, metal-framed building sits on a 3-acre lot and boasts a 30-foot ceiling height. The property's zoning is Industrial/Business, offering flexibility for a wide range of commercial ventures. Currently configured as a kennel and grooming service, the interior is partitioned into several rooms, allowing for adaptable layouts to suit diverse business needs. Features include quality interior finishes, a welcoming lobby, climate-controlled space, a backup generator, and a fenced rear play area. The building is also wired for security cameras. Its convenient location within a business/industrial park provides easy access to Bridges Street and Highway 70, making it an attractive option for businesses seeking visibility and accessibility. The asking price is $1,375,000, translating to $161.48 per square foot. This represents a compelling opportunity to acquire a substantial, versatile property in a growing coastal market. The APN is 635608881713000. The property is for sale by owner.
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.