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    Property profile & analytics

    25199 Lela Ct Waves, NC 27982

    • Bars
    • 722 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US53-3434939
    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

    • Bars

    Property Details for 25199 Lela Ct

    Year built
    2006
    Lot size
    0.46 lot acres
    Property size
    722 SF
    Property type
    Bars
    APN
    14249001
    APU
    14249001

    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
    -75.4677
    Latitude
    35.5737
    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
    $2,102
    $162,000
    $170,200
    $332,200
    -
    $162,000
    $170,200
    $332,200

    Comparable in this City

    • Value Estimation
      $455,000
      1,767 SF

      25202 Is Pnes Dr

      RESTAURANT • 1,767 SF
      25202 Is Pnes Dr, Waves, NC 27982
      View Details
    • Value Estimation
      $490,000
      888 SF

      25972 Nc Hwy 12

      DRIVE-THRU RESTAURANT, FAST FOOD • 888 SF
      25972 Nc Hwy 12, Waves, NC 27982
      View Details
    • Value Estimation
      $1,090,000
      2,788 SF

      25150 Nc Hwy 12

      RESTAURANT • 2,788 SF
      25150 Nc Hwy 12, 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
      $600,000
      11,850 SF

      25691 Nc Hwy 12mur

      RETAIL STORES (PERSONAL SERVICES) • 11,850 SF
      25691 Nc Hwy 12mur, Waves, NC 27982
      View Details
    • Value Estimation
      $445,000
      1,542 SF

      25195 Lela Ct

      RETAIL STORES (PERSONAL SERVICES) • 1,542 SF
      25195 Lela Ct, Waves, NC 27982
      View Details

    Similar Nearby for Sale

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      1,800 SF

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      Prime location, established eatery, high tourist traffic.
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    • $189,500
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      Sound Side Lot in Salvo

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    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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