Property profile

502 Arendell St Morehead City, NC 28557

OFF-MARKET
Retail space
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Property ID
US53-2475556
3,154 SF 0.08 ac Built 1910
Last sale Dec 2022·$785,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$858
Tax billed · 2022
Assessed value · 2024$256k
Assessed land$80k
Assessed improvement$175k
Effective rate0.34%

Value estimate

· Nov 2026
$805k
$725k – $886k
AI approach$780k
CAP approach$560k
Submarket $/SF estimate$478k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$176/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$99 – $246

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CD
This district is intended to create an active, pedestrian friendly downtown environment with a mix of residential and commercial uses des...
General categoryCOMMERCIAL
JurisdictionCARTERET

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.8
Parking Facility8.8
Storage Facility8.7

Location

502 Arendell St Morehead City, NC 28557-4232
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2312 Bridges, Morehead City, NC 28557-3541 $500,000 Mar 2025 3,962 SF
706 Evans, Morehead City, NC 28557-4207 $700,000 Sep 2024 3,294 SF
5230 Hwy 70th W, Morehead City, NC 28557-4506 $1,360,000 Jun 2024 3,610 SF
400 Arendell, Morehead City, NC 28557-4231 $1,407,000 Mar 2023 3,300 SF
905 Arendell, Morehead City, NC 28557-4127 $296,000 Dec 2021 2,836 SF
4800 Arendell, Morehead City, NC 28557 $3,806,500 Dec 2021 3,456 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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