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    Property profile & analytics

    24798 Nc Hwy 12 Waves, NC 27982

    • Specialty properties
    • 7,272 SF
    • 48.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-3697040
    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

    • Specialty properties

    Property Details for 24798 Nc Hwy 12

    Year built
    1985
    Lot size
    48.38 lot acres
    Property size
    7,272 SF
    Property type
    Specialty properties
    APN
    14239000
    APU
    14239000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waves
    County
    Dare
    State
    North Carolina
    Longitude
    -75.4657
    Latitude
    35.5776
    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
    $42,127
    $4,227,100
    $2,430,200
    $6,657,300
    -
    $4,227,100
    $2,430,200
    $6,657,300

    Comparable in this City

    • Value Estimation by Request
      1,600 SF

      25099 Outer Banks Scenic Bywy

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,600 SF
      25099 Outer Banks Scenic Bywy, Waves, NC 27982
      View Details
    • Value Estimation by Request
      0.20 Acres

      25231 Laughing Gull Ln

      MOBILE HOME PARK, TRAILER PARK • 0.20 Acres
      25231 Laughing Gull Ln, Waves, NC 27982
      View Details
    • Value Estimation
      $385,000
      0.94 Acres

      25104 Sea Vis Ct

      OFFICE (GENERAL) • 0.94 Acres
      25104 Sea Vis Ct, Waves, NC 27982
      View Details
    • Value Estimation
      $265,000
      2,000 SF

      25855 Outer Banks Scenic Bywy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,000 SF
      25855 Outer Banks Scenic Bywy, Waves, NC 27982
      View Details
    • Value Estimation
      $550,000
      8,750 SF

      26200 Vis W Dr

      SHOPPING CENTER, STRIP CENTER • 8,750 SF
      26200 Vis W Dr, Waves, NC 27982
      View Details
    • Value Estimation by Request
      0.26 Acres

      25214 Mamie Ln

      MOBILE HOME PARK, TRAILER PARK • 0.26 Acres
      25214 Mamie Ln, Waves, NC 27982
      View Details

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    24798 Nc Hwy 12
    Waves, NC 27982
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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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