Financial
Distress signals
Property profile

5320 Hwy 70 W Morehead City, NC 28557

FOR SALE
Retail space
Property ID
US53-0527821
1,076 SF 0.36 ac lot Built 1945
Last sale May 2022 · $250,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a cleared commercial lot designed for development with zero setbacks on both the side and rear, allowing flexible placement of a future structure on the site. It is positioned for commercial use with convenient access to main roads and includes space suitable for customer parking. The lot configuration supports flexible building potential for a range of commercial uses, including retail, office, and restaurant concepts.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2024$296k
Assessed land$296k
Effective rate0.36%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$285k

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCARTERET

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.1
Dental Office8.8
Cafe & Coffee Shop8.7

Location

5320 Hwy 70 W Morehead City, NC 28557
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
706 Evans, Morehead City, NC 28557-4207 $700,000 Sep 2024 3,294 SF
4457 Arendell, Morehead City, NC 28557-2706 $415,000 Aug 2024 1,600 SF
400 Arendell, Morehead City, NC 28557-4231 $1,407,000 Mar 2023 3,300 SF
502 Arendell, Morehead City, NC 28557-4232 $785,000 Dec 2022 3,154 SF
905 Arendell, Morehead City, NC 28557-4127 $296,000 Dec 2021 2,836 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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