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    Property profile & analytics

    3016 Virginia Dare Trl Nags Head, NC 27959-9258

    • Turn key restaurants
    • 3,681 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US53-3494382
    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

    • Tortugas Lie / Caribbean Restaurant / Bar & Grill

    Property Details for 3016 Virginia Dare Trl

    Year built
    1954
    Lot size
    0.52 lot acres
    Property size
    3,681 SF
    Property type
    Turn key restaurants
    APN
    5300000
    APU
    5300000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nags Head
    County
    Dare
    State
    North Carolina
    Longitude
    -75.6361
    Latitude
    35.9779
    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
    $6,456
    $511,900
    $365,900
    $877,800
    -
    $511,900
    $365,900
    $877,800

    Comparable in this City

    • Value Estimation by Request
      4,896 SF

      4933 Croatan Hwy

      RESTAURANT • 4,896 SF
      4933 Croatan Hwy, Nags Head, NC 27959-9709
      View Details
    • Value Estimation
      $690,000
      8,416 SF

      6916 Croatan Hwy

      RESTAURANT • 8,416 SF
      6916 Croatan Hwy, Nags Head, NC 27959-9053
      View Details
    • Value Estimation
      $985,000
      7,050 SF

      102 Dove St

      RESTAURANT • 7,050 SF
      102 Dove St, Nags Head, NC 27959-8926
      View Details
    • Value Estimation
      $875,000
      6,794 SF

      2407 Croatan Hwy

      RESTAURANT • 6,794 SF
      2407 Croatan Hwy, Nags Head, NC 27959-9015
      View Details
    • Value Estimation
      $445,000
      4,393 SF

      3308 Virginia Dare Trl

      RESTAURANT • 4,393 SF
      3308 Virginia Dare Trl, Nags Head, NC 27959-9264
      View Details
    • Value Estimation by Request
      4,030 SF

      3948 Virginia Dare Trl

      RESTAURANT • 4,030 SF
      3948 Virginia Dare Trl, Nags Head, NC 27959-9278
      View Details

    Similar Nearby for Sale

    • $575,000
      0.34 Acres

      Vacant Lot in Nags Head

      Vacant lot near Jockey's Ridge, ideal for vacation home.
      S Croatan Hwy, Nags Head, NC 27959
      View Details
    • $1,200,000
      34,000.00 Acres

      Approved Cottage Court Development Opportunity

      Approved cottage court development opportunity in Nags Head, North Carolina.
      7222 S Virginia Dare Trl, Nags Head, NC 27959
      View Details
    • $259,900
      20,016.00 Acres

      Outer Banks Homesite Opportunity

      Spacious homesite near Jockey's Ridge, Outer Banks. Build your dream home.
      Coastal Way, Nags Head, NC 27959
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    • $995,000
      33,720.00 Acres

      Semi-Oceanfront Lots in Nags Head

      Two semi-oceanfront lots near Outer Banks Pier and Oregon Inlet.
      9516 S Old Oregon Inlet Rd, Nags Head, NC 27959
      View Details
    • $595,000
      21,500.00 Acres

      Soundfront Commercial Lot For Sale

      Soundfront commercial lot in Nags Head, NC available for sale.
      7545 S Virginia Dare Trl, Nags Head, NC 27959
      View Details
    • $219,900
      19,989.00 Acres

      Nags Head Residential Homesite

      Cleared homesite ready for building your Outer Banks dream home.
      W Coastal Way, Nags Head, NC 27959
      View Details
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    Nags Head, NC 27959-9258
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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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