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    Property profile & analytics

    1251 Nc Hwy 32nd N Corapeake, NC 27926-9749

    • Commercial real estate
    • 7,346 SF
    • 8.74 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 26, 2024
    $15,500
    Location Intelligence
    Property ID
    US53-4176206
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1251 Nc Hwy 32nd N

    Year built
    1988
    Construction
    CONCRETE BLOCKS
    Lot size
    8.74 lot acres
    Property size
    7,346 SF
    Property type
    Commercial real estate
    APN
    05-00906
    APU
    500906

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corapeake
    County
    Gates
    State
    North Carolina
    Longitude
    -76.5754
    Latitude
    36.5236
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,701
    $49,187
    $263,380
    $312,567
    -
    $102,065
    $263,380
    $365,445

    Comparable in this City

    • Value Estimation by Request
      480 SF

      85 Hackley Rd

      COMMERCIAL (GENERAL) • 480 SF
      85 Hackley Rd, Corapeake, NC 27926
      View Details
    • Value Estimation by Request
      1,068 SF

      1398 Nc Hwy 32nd N

      COMMERCIAL (GENERAL) • 1,068 SF
      1398 Nc Hwy 32nd N, Corapeake, NC 27926-9765
      View Details
    • Value Estimation by Request
      1,280 SF

      223 Nc Hwy 32nd N

      COMMERCIAL (GENERAL) • 1,280 SF
      223 Nc Hwy 32nd N, Corapeake, NC 27926
      View Details
    • Value Estimation by Request
      1,056 SF

      61 Nc Hwy 32nd N

      COMMERCIAL (GENERAL) • 1,056 SF
      61 Nc Hwy 32nd N, Corapeake, NC 27926
      View Details
    • Value Estimation
      $320,000
      5,421 SF

      147 Nc Hwy 32nd N

      COMMERCIAL (GENERAL) • 5,421 SF
      147 Nc Hwy 32nd N, Corapeake, NC 27926
      View Details
    • Value Estimation by Request
      2,104 SF

      1006 Us 158

      COMMERCIAL (GENERAL) • 2,104 SF
      1006 Us 158, Corapeake, NC 27926
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.74 Acres

      Residential Lot in Rural Setting

      0.74-acre residential lot in Gates County, North Carolina.
      Tbd Brinkley Rd, Corapeake, NC 27926
      View Details
    • $399,900
      149.90 Acres

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      149+/- acre recreational tract near Great Dismal Swamp.
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    • $30,000
      1.00 Acre

      One Acre Parcel in Corapeake

      1-acre parcel in Gates County, NC, perfect for building.
      1308 Drum Hill Rd, Corapeake, NC 27926
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    • Contact for pricing
      0.74 Acres

      Residential Lot in Corapeake, NC

      0.74-acre residential lot in Gates County, North Carolina.
      Brinkley Rd, Corapeake, NC 27926
      View Details
    • $659,000
      151.00 Acres

      Versatile Farmland and Timberland Opportunity

      151-acre farm with tillable land, timber, ponds, and infrastructure.
      108 Savage Rd, Corapeake, NC 27926
      View Details
    • $30,000
      1.00 Acre

      Land in Gates County, NC

      One-acre parcel ideal for building or recreational use.
      1308 Drum Hill Rd, Corapeake, NC 27926
      View Details
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    Corapeake, NC 27926-9749
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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