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    FOR SALE
    Warehouses

    105 Gloria Dawn Rd, Morehead City, NC 28557

    1,056 SF 0.71 ac lot Built 1930
    Entity Owned 4-yr Hold
    Property ID
    US53-2932915
    Property summary
    AI-generated overview

    This exceptional 5.6-acre commercial land parcel in Morehead City, North Carolina, presents a unique investment opportunity. Located at 105 Gloria Dawn Rd, this property boasts unparalleled visibility, situated directly across from a Harris Teeter shopping center and adjacent to a Lidl. The land is zoned CH and is designated as an Opportunity Zone, offering significant tax advantages. The asking price is $2,195,000. All necessary surveys have been completed, including a current survey, wetland delineation, and topography survey. Water and sewer services are readily available. This expansive property comprises five individual parcels, all included in the sale. Its prime location and comprehensive preparation make it ideal for a variety of commercial developments. The property's APN is 636610278070000 and the zip code is 28557. This is a rare chance to acquire a highly visible, well-situated commercial property in a thriving area. Don't miss this opportunity to capitalize on the potential of this exceptional location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1930
    Construction WOOD
    Total area 1,056 SF
    Lot 0.71 ac (30,753 SF)
    Zoning code R15
    APN 6366.10.27.8070000
    UPID US53-2932915
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bridges Park 1 LLC · 4 yrs held
    Bridges Park 1 LLC
    since 2021
    Last sale
    $215,000
    5 recorded transactions
    2022
    2021
    $215,000
    2013
    $95,000
    2013
    $95,000
    1969
    Zoning & alternative use
    R15 · Morehead City, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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