Individually Owned Property summary
AI-generated overview
The Anchorage is a condominiumized, harbor-front inn on Ocracoke Island, configured as an individual unit for overnight accommodations with access to deep-water boat slips. Unit 308 is located on the third level and includes a larger front porch with water views, and an additional area that can be converted into a kitchen. The unit has approximately 340 square feet and was renovated, with updated interior furnishings and appliances. The property is positioned on one of the higher elevations on Ocracoke Island and experienced minimal water intrusion during Hurricane Dorian. On-site management provides property management services, and the marina operations include deep-water boat slip availability for guest use or other use.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1989
Total area
481 SF
Zoning code
1
APN
9501107555
UPID
US53-4140059
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$340k
Owner & transaction history
since 2025
Last sale
$445,000
7 recorded transactions
Zoning & alternative use
1 · Ocracoke, NC
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$340k
Value range
$306k – $374k
±10% around blend
Estimated value / SF
$707 / SF
Confidence
Property data
88
Comparable evidence
60
$306k
blend $340k
$374k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
481 SF
Year built
1989
Stories
1
APN
9501107555
Zoning
1
Assessed value
$1,084,812
Annual tax
$11,094
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$340k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$445k
Move the market yield to see immediate price impact.
Value / SF
$925
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$28k
$561k
$400k
$312k
$31k
$623k
$445k
$346k
$34k
$685k
$489k
$381k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,094
Tax year 2023
Assessed value
$1,084,812
Assessed 2023
Previous assessed
$1,055,749
+2.8% YoY
Effective rate
1.02%
On assessed value
Assessed land
$660,000
Assessed improvement
$424,812
Land market value
$660,000
Improvement market value
$424,812
Total market value
$1,084,812
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1989
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
10
Total area
481 SF
Zoning code
1
APN
9501107555
UPID
US53-4140059
Jurisdiction
HYDE
Zoning & alternative use
1 · Ocracoke, NCZoning 1 · permitted uses
1 · Ocracoke, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1989
Heating
YES
Cooling
Yes
Stories
1
Rooms
10
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
1
Jurisdiction
Ocracoke, NC
Recorded code
1
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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