Property profile

221 Professional Cirb Morehead City, NC 28557

OFF-MARKET
Medical Office Space
Property ID
US53-2790383
4,540 SF 1.05 ac lot Built 1992
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,540 SF
Lot 1.05 ac (45,694 SF)
APN 6376.14.43.3896000
UPID US53-2790383

Cap rate & NOI

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

Location

221 Professional Cirb Morehead City, NC 28557-4303
Morehead City metro Census 970401 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
$830k
Comparable Approach Comparable
$777k
Blend (final) Blend
$920k

Owner & transaction history

since 2024
Last sale
$920,000
7 recorded transactions
2024
$920,000
2020
Price N/A
2016
Price N/A
2008
Price N/A
2007
$550,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +77.6%
Retail stores $800,000 +25.5%
Office building $705,000 +10.9%

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 221 Professional Cirb?
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