Individually Owned Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1983
Construction
STEEL FRAME
Total area
4,468 SF
Lot
0.52 ac (22,608 SF)
Zoning code
CM
APN
6376.13.02.3880000
UPID
US53-0718556
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
-
Barber Shop
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$340k
Owner & transaction history
since 2025
5 recorded transactions
Zoning & alternative use
CM · Morehead City, NC
Zoning description
This district is intended to promote and protect waterfront tourism and commercial fishing activities, allowing uses that support the marina and enhance the areas coastal character.
General category
COMMERCIAL
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
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$340k
Value range
$306k – $374k
±10% around blend
Estimated value / SF
$76 / SF
Confidence
Property data
100
Comparable evidence
60
$306k
blend $340k
$374k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,468 SF
Lot area
0.52 ac
Year built
1983
Stories
1
APN
6376.13.02.3880000
Zoning
CM
Assessed value
$571,722
Annual tax
$1,902
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
$340k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
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$572k
Move the market yield to see immediate price impact.
Value / SF
$128
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%
$36k
$720k
$515k
$400k
$40k
$800k
$572k
$445k
$44k
$880k
$629k
$489k
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
$1,902
Tax year 2022
Assessed value
$571,722
Assessed 2024
Previous assessed
$571,722
+0.0% YoY
Effective rate
0.33%
On assessed value
Assessed land
$234,386
Assessed improvement
$337,336
Land market value
$234,386
Improvement market value
$337,336
Total market value
$571,722
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
3
Stories
1
Bathrooms
10
Total area
4,468 SF
Lot
0.52 ac (22,608 SF)
Zoning code
CM
APN
6376.13.02.3880000
UPID
US53-0718556
Jurisdiction
CARTERET
Zoning & alternative use
CM · Morehead City, NCZoning CM · permitted uses
CM · Morehead City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
This district is intended to promote and protect waterfront tourism and commercial fishing activities, allowing uses that support the marina and enhance the areas coastal character.
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
3
Bathrooms
10
Lot
0.52 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
CM
COMMERCIAL
Jurisdiction
Morehead City, NC
Recorded code
CM
Official district
CM
Official district profile
What the municipal code says about CM
Zoning description
This district is intended to promote and protect waterfront tourism and commercial fishing activities, allowing uses that support the marina and enhance the areas coastal character.
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CM 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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