Financial
Distress signals
Property profile

4024 Arendell St Morehead City, NC 28557

OFF-MARKET
Retail space
Property ID
US53-2814076
40,960 SF 1.72 ac lot Built 1972
Last sale Dec 2016 · $1,472,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a self-storage portfolio consisting of three newly built storage facilities serving New Bern and Morehead City, North Carolina. The combined portfolio totals 972 storage units and approximately 98,650 net rentable square feet, with climate control provided throughout the facilities. Two of the facilities are in Morehead City and are located about 1.75 miles apart; the third facility is in New Bern and is situated within the Carolina Colours community (4024 Arendell St, Morehead…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2024$2.09M
Assessed land$869k
Assessed improvement$1.22M
Effective rate0.33%

Value estimate

· Sep 2026
$815k
$734k – $897k
Submarket $/SF estimate$4.06M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$176/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$99 – $246

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CH
This district is intended to accommodate high-traffic commercial uses that serve motorists and businesses requiring visibility and access...
General categoryCOMMERCIAL
JurisdictionCARTERET

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.4
Wholesale Shop12.9
Parking Facility11.8

Location

4024 Arendell St Morehead City, NC 28557-2925
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5454 Hwy 70th W, Morehead City, NC 28557-4540 $1,200,000 Feb 2026 15,540 SF
5218 Hwy 70th W, Morehead City, NC 28557-4501 $3,041,000 Jun 2025 15,610 SF
278 Nc Hwy 24, Morehead City, NC 28557-2582 $3,763,000 Jun 2025 23,653 SF
5456 Hwy 70th W, Morehead City, NC 28557-4510 $4,000,000 Nov 2023 19,600 SF
5053 Hwy 70th W, Morehead City, NC 28557-4503 $6,792,500 Mar 2023 15,786 SF
5085 Hwy 70th W, Morehead City, NC 28557-4503 $1,800,000 Mar 2022 10,222 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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