Property profile

1505 Memorial Blvd Kill Devil Hills, NC 27948

OFF-MARKET
Garden apartment buildings
Property ID
US53-3727307
3,448 SF 0.44 ac lot Built 1986
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1986
Total area 3,448 SF
Lot 0.44 ac (19,000 SF)
APN 4713000
UPID US53-3727307

Cap rate & NOI

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

Location

1505 Memorial Blvd Kill Devil Hills, NC 27948-8831
Kill Devil Hills metro Census 970302 KILL DEVIL HILLS, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
$725k
Comparable Approach Comparable
by Request
Blend (final) Blend
$750k

Owner & transaction history

since 2022
Last sale
$550,000
1 recorded transaction
2022
$550,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $415,000 +47.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1505 Memorial Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message