Property profile

167 Nc Hwy 24 Morehead City, NC 28557

OFF-MARKET
Medical Office Space
Property ID
US53-2653092
7,799 SF 1.03 ac lot Built 2015
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 2015
Construction WOOD
Total area 7,799 SF
Lot 1.03 ac (44,910 SF)
APN 6366.09.05.8463000
UPID US53-2653092

Cap rate & NOI

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

Location

167 Nc Hwy 24 Morehead City, NC 28557-2518
Morehead City metro Census 970606 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.43M
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$480k

Owner & transaction history

since 2014
1 recorded transaction
2014
$475,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.9M +77.6%
Restaurant $1.7M +59.2%
Retail stores $1.4M +25.5%

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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