Property profile

1085 Colington Rd Kill Devil Hills, NC 27948

OFF-MARKET
Strip malls
Property ID
US53-2275745
4,000 SF 0.56 ac lot Built 2008
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Total area 4,000 SF
Lot 0.56 ac (24,500 SF)
APN 28699000
UPID US53-2275745

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tattoo & Piercing Shop
  • Hardware & Home Improvement Home Decor Store
  • Big Box & Wholesale Store Distribution Center

Location

1085 Colington Rd Kill Devil Hills, NC 27948-8596
Kill Devil Hills metro Census 970302 KILL DEVIL HILLS, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$855k
CAP Approach CAP
$925k
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k

Owner & transaction history

since 2022
Last sale
$625,000
3 recorded transactions
2022
$625,000
2010
Price N/A
2007
$295,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $485,000 +165.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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