Entity Owned Property summary
AI-generated overview
A standalone commercial office building located on the corner of North 35th Street in Morehead City, North Carolina, approximately one block from the hospital and post office. The property previously operated as an accounting firm and is configured for office use with a lobby, conference room, and office space. It includes a separate entrance serving the upstairs offices, and the building is served by on-site parking. The lot size is 0.35 acres with a total building area of 2,400 square feet. The property is zoned OP.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
WOOD
Total area
1,386 SF
Lot
0.36 ac (15,464 SF)
Zoning code
OP
APN
6376.14.43.8787000
UPID
US53-2812011
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
-
Accounting Firm Tax Preparation
-
Accounting Firm Tax Preparation
-
Accounting Firm Tax Preparation
-
Accounting Firm Tax Preparation
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
since 2014
2 recorded transactions
Zoning & alternative use
OP · Morehead City, NC
Zoning description
This district is intended to establish areas for professional and business offices serving as buffers between commercial/industrial and residential areas.
General category
INDUSTRIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$300k
Value range
$270k – $330k
±10% around blend
Estimated value / SF
$216 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$270k
blend $300k
$330k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,386 SF
Lot area
0.36 ac
Year built
1977
Stories
1
APN
6376.14.43.8787000
Zoning
OP
Assessed value
$314,102
Annual tax
$1,052
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$300k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$156
+39%
Submarket 33 sales
$156
+39%
County 64 sales
$215
+1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $216/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$314k
Move the market yield to see immediate price impact.
Value / SF
$227
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$20k
$396k
$283k
$220k
$22k
$440k
$314k
$244k
$24k
$484k
$346k
$269k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,052
Tax year 2022
Assessed value
$314,102
Assessed 2024
Previous assessed
$314,102
+0.0% YoY
Effective rate
0.33%
On assessed value
Assessed land
$149,600
Assessed improvement
$164,502
Land market value
$149,600
Improvement market value
$164,502
Total market value
$314,102
Applied tax rate
1,351.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
1
Total area
1,386 SF
Lot
0.36 ac (15,464 SF)
Zoning code
OP
APN
6376.14.43.8787000
UPID
US53-2812011
Jurisdiction
CARTERET
Zoning & alternative use
OP · Morehead City, NCZoning OP · permitted uses
OP · Morehead City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
This district is intended to establish areas for professional and business offices serving as buffers between commercial/industrial and residential areas.
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Bathrooms
1
Lot
0.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OP
INDUSTRIAL
Jurisdiction
Morehead City, NC
Recorded code
OP
Official district
OP
Official district profile
What the municipal code says about OP
Zoning description
This district is intended to establish areas for professional and business offices serving as buffers between commercial/industrial and residential areas.
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP in Morehead City, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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