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    Property profile & analytics

    25972 Nc Hwy 12 Waves, NC 27982

    • Drive through restaurants
    • 888 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Last Sale
    May 26, 2023
    Location Intelligence
    Property ID
    US53-3531232
    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

    • Drive through restaurants

    Property Details for 25972 Nc Hwy 12

    Year built
    1988
    Lot size
    0.46 lot acres
    Property size
    888 SF
    Property type
    Drive through restaurants
    APN
    14322004
    APU
    14322004

    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
    -75.4696
    Latitude
    35.5621
    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
    $813
    $162,000
    $95,100
    $257,100
    -
    $162,000
    $95,100
    $257,100

    Comparable in this City

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      $540,000
      722 SF

      25199 Lela Ct

      NIGHTCLUB (COCKTAIL LOUNGE) • 722 SF
      25199 Lela Ct, Waves, NC 27982
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    • Value Estimation
      $455,000
      1,767 SF

      25202 Is Pnes Dr

      RESTAURANT • 1,767 SF
      25202 Is Pnes Dr, Waves, NC 27982
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    • 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
      $490,000
      997 SF

      25410 Nc Hwy 12

      RETAIL STORES (PERSONAL SERVICES) • 997 SF
      25410 Nc Hwy 12, Waves, NC 27982
      View Details
    • Value Estimation
      $715,000
      15,729 SF

      25706 Nc Hwy 12

      RETAIL STORES (PERSONAL SERVICES) • 15,729 SF
      25706 Nc Hwy 12, Waves, NC 27982-2000
      View Details

    Similar Nearby for Sale

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      Prime location, established eatery, high tourist traffic.
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      Sound Side Lot in Salvo

      Build-ready sound side lot with water access and sunset views.
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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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