Property profile

405 Queen Elizabeth Ave Manteo, NC 27954

OFF-MARKET
Hotels
Property ID
US53-3298695
12,896 SF 0.4 ac lot Built 1988
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1988
Total area 12,896 SF
Lot 0.4 ac (17,500 SF)
APN 24589000
UPID US53-3298695

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
  • Electric Vehicle Charging Station
  • Bar & Pub Nightclub
  • Hotel & Motel Bed & Breakfast

Location

405 Queen Elizabeth Ave Manteo, NC 27954-9815
Manteo metro Census 970601 KILL DEVIL HILLS, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.73M
CAP Approach CAP
$1.50M
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$2.77M

Owner & transaction history

since 2020
Last sale
$1.9M
2 recorded transactions
2020
$1.9M
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.2M +73.5%
Office building $2.0M +56.9%
Restaurant $1.6M +25.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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