Property profile

209 K Ave Kure Beach, NC 28449

OFF-MARKET
Hotels
Property ID
US53-0176583
936 SF 0.11 ac lot Built 1920
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1920
Total area 936 SF
Lot 0.11 ac (5,009 SF)
Zoning code B-1,BUSINESS DISTRICT
APN R09213-015-002-000
UPID US53-0176583

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

209 K Ave Kure Beach, NC 28449
Kure Beach metro Census 12203 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2021
6 recorded transactions
2021
Price N/A
2021
$1.6M
2019
Price N/A
2017
$625,000
2011
Price N/A
2005
$1.2M

Zoning & alternative use

B-1,BUSINESS DISTRICT · Kure Beach, NC

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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