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    Property profile & analytics

    2009 Croatan Hwy Kill Devil Hills, NC 27948-8724

    • Office buildings
    • 3,000 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US53-3313151
    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

    • Outer Banks Insurance / Insurance Agency
    • Allstate / Insurance Agency
    • Avada Audiology & Hearing Care / Medical Clinic

    Property Details for 2009 Croatan Hwy

    Year built
    1971
    Lot size
    0.45 lot acres
    Property size
    3,000 SF
    Property type
    Office buildings
    APN
    4961000
    APU
    4961000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $295,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $260,000
      Mixed-Use
      $280,000
      Hospitality
      $235,000
      Educational
      $275,000
      Residential Income
      $260,000
      Energy
      $235,000
      Income-Based Land
      $300,000
      Food Service
      $235,000

    Location Insight

    • Map
    • Local Demand
    City
    Kill Devil Hills
    County
    Dare
    State
    North Carolina
    Longitude
    -75.6485
    Latitude
    35.9941
    CBSA code
    28620
    CBSA name
    KILL DEVIL HILLS, NC MICROPOLITAN 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
    $4,352
    $355,500
    $220,500
    $576,000
    -
    $355,500
    $220,500
    $576,000

    Comparable in this City

    • Value Estimation by Request
      2,241 SF

      Old Nags Head Woods Rd

      OFFICE BUILDING • 2,241 SF
      Old Nags Head Woods Rd, Kill Devil Hills, NC 27948
      View Details
    • Value Estimation by Request
      7,568 SF

      2601 Croatan Hwy

      OFFICE BUILDING • 7,568 SF
      2601 Croatan Hwy, Kill Devil Hills, NC 27948-8985
      View Details
    • Value Estimation
      $240,000
      2,750 SF

      105 Airstrip Rd

      OFFICE BUILDING • 2,750 SF
      105 Airstrip Rd, Kill Devil Hills, NC 27948-8314
      View Details
    • Value Estimation
      $340,000
      560 SF

      2700 Croatan Hwy

      OFFICE BUILDING • 560 SF
      2700 Croatan Hwy, Kill Devil Hills, NC 27948-9266
      View Details
    • Value Estimation
      $380,000
      6,760 SF

      2503 Croatan Hwy

      OFFICE BUILDING • 6,760 SF
      2503 Croatan Hwy, Kill Devil Hills, NC 27948-8828
      View Details
    • Value Estimation
      $525,000
      2,560 SF

      111 Carlton Ave

      OFFICE BUILDING • 2,560 SF
      111 Carlton Ave, Kill Devil Hills, NC 27948-7888
      View Details

    Similar Nearby for Sale

    • $649,000

      503 Croatan Highway

      Land
      503 Croatan Hwy, Kill Devil Hills, NC 27948
      View Details
    • $1,440,000
      4,800 SF

      Meineke Car Care Center

      NNN leased auto shop in Kill Devil Hills, NC.
      1800 S Croatan Hwy, Kill Devil Hills, NC 27948
      View Details
    • $1,980,000
      48,974.00 Acres

      Kill Devil Hills Multifamily Development

      Approved multifamily development property with 33 units in Kill Devil Hills.
      907 10Th Ave, Kill Devil Hills, NC 27948
      View Details
    • New
      $319,000

      Sound Front Lot Opportunity

      Sound front lot in desirable Kill Devil Hills neighborhood.
      128 Sunrise Ln, Kill Devil Hills, NC 27948
      View Details
    • $1,750,000
      23,000.00 Acres

      Oceanfront Lot in Kill Devil Hills

      Prime oceanfront property, ideal for a dream home or vacation retreat.
      1315 N Virginia Dare Trl, Kill Devil Hills, NC 27948
      View Details
    • $7,421,818
      48,226 SF

      Kill Devil Hills Retail Opportunity

      Large retail building in popular Outer Banks tourist destination.
      2012 S Croatan Hwy, Kill Devil Hills, NC 27948
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,148 SF

      Retail Space in Kill Devil Hills

      Retail space available in a busy shopping center.
      1700 N Croatan Hwy, Kill Devil Hills, NC 27948
      View Details
    • Contact for pricing

      Kill Devil Hills Commercial Land

      Commercial land for lease in Kill Devil Hills, NC.
      2011 S Croatan Hwy, Kill Devil Hills, NC 27948
      View Details

    Property Visit Statistics

    • Visits by month
      5.8k
    • Visitors by month
      3.8k
    • Avg Time on site
      13 min
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    Kill Devil Hills, NC 27948-8724
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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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