Property profile

2217 Croatan Hwy Nags Head, NC 27959

OFF-MARKET
Turn key restaurants
Property ID
US53-3205573
8,610 SF 1.38 ac lot Built 1981
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1981
Total area 8,610 SF
Lot 1.38 ac (60,113 SF)
APN 5640000
UPID US53-3205573

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
  • Take-out & Catering Catering Service
  • Restaurant

Location

2217 Croatan Hwy Nags Head, NC 27959-9010
Nags Head metro Census 970400 KILL DEVIL HILLS, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.81M
Blend (final) Blend
$2.35M

Owner & transaction history

since 2024
Last sale
$2.4M
3 recorded transactions
2025
Price N/A
2024
$2.4M
2018
$1.2M

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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