Property summary
The commercial property at 2401 Arendell Street in Morehead City, North Carolina is located along a primary traffic route to and from the Morehead City/Atlantic Beach Bridge. It was remodeled in 2019 and has a total building area of approximately 560 square feet on a lot of about 0.09 acres. The interior configuration includes living space and a kitchen area, with an outdoor patio. The property is situated on a high lot and is described as not requiring flood insurance. It is zoned HC-Highway Comm and is suitable for a range of commercial or live/work uses. Access is described via the Upper Evans St Neighborhood, and the property notes public water availability at the end of each numbered street. Parking includes 4 spaces on-site, with additional public street parking available on 24th Street.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Employment Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is intended to allow single-family dwellings at a density of up to eight units per acre on minimum 5000 square foot lots, while protecting the quiet residential character and preventing blight or slum condi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R5 · Morehead City, NCThis district is intended to allow single-family dwellings at a density of up to eight units per acre on minimum 5000 square foot lots, while protecting the quiet residential character and preventing blight or slum condi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is intended to allow single-family dwellings at a density of up to eight units per acre on minimum 5000 square foot lots, while protecting the quiet residential character and preventing blight or slum condi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R5 in Morehead City, NC.
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