Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4135 Arendell St Morehead City, NC 28557-2854

    • Drive through restaurants
    • 3,368 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    May 28, 2024
    Location Intelligence
    Property ID
    US53-2887822
    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

    • Dank Burrito / Burrito Restaurant / Delivery Service

    Property Details for 4135 Arendell St

    Year built
    1986
    Construction
    WOOD
    Lot size
    1.10 lot acres
    Property size
    3,368 SF
    Zone code
    CH
    Property type
    Drive through restaurants
    APN
    6366.16.93.5141000
    APU
    636616935141000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.7712
    Latitude
    34.7273
    CBSA code
    33980
    CBSA name
    MOREHEAD CITY, 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
    2022
    $3,474
    $786,500
    $261,791
    $1,048,291
    -
    $786,500
    $261,791
    $1,048,291

    Comparable in this City

    • Value Estimation
      $470,000
      1,728 SF

      4127 Arendell St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,728 SF
      4127 Arendell St, Morehead City, NC 28557-2854
      View Details
    • Value Estimation
      $690,000
      5,120 SF

      4205 Arendell St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,120 SF
      4205 Arendell St, Morehead City, NC 28557-2805
      View Details
    • Value Estimation
      $610,000
      4,302 SF

      3414 Arendell St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,302 SF
      3414 Arendell St, Morehead City, NC 28557-3205
      View Details
    • Value Estimation
      $600,000
      3,200 SF

      205 Friendly Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,200 SF
      205 Friendly Rd, Morehead City, NC 28557-6233
      View Details
    • Value Estimation
      $740,000
      3,330 SF

      5158 Hwy 70th W

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,330 SF
      5158 Hwy 70th W, Morehead City, NC 28557-4504
      View Details
    • Value Estimation
      $455,000
      2,170 SF

      5075 Hwy 70th W

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,170 SF
      5075 Hwy 70th W, Morehead City, NC 28557-4503
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Restaurant Ready Building For Sale

      Restaurant-ready building with kitchen and walk-in coolers for sale.
      3010 Arendell St, Morehead City, NC 28557
      View Details
    • $2,550,000
      13,813 SF

      2904 Arendell St

      Lifestyle centers • 13,813 SF
      2904 Arendell St, Morehead City, NC 28557
      View Details
    • $1,750,000
      5,540 SF

      Morehead City Mixed-Use Gem

      Historic Downtown B&B, Huge Potential
      500 Arendell St, Morehead City, NC 28557
      View Details
    • $450,000
      2,248 SF

      Morehead City Retail Corner Lot

      High-traffic Hwy 70 E retail space. Vacant, ready for your business.
      4415 Arendell St, Morehead City, NC 28557
      View Details
    • $299,900
      0.35 Acres

      Waterfront Lot in Mariners Point

      Build your dream home on this waterfront lot!
      1823 Olde Farm Rd, Morehead City, NC 28557
      View Details
    • $1,900,000
      1.76 Acres

      Prime Commercial Land Opportunity

      Commercial land in Morehead City, suitable for various developments.
      212 N 35Th St, Morehead City, NC 28557
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      2,248 SF

      Hwy 70 E Morehead City Office Space

      Prime Morehead City location, high traffic area.
      4415 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing
      90,000 SF

      Former Kmart Retail Space Available

      90,000 SF retail space for lease on Arendell Street.
      4915 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing

      Former Kmart Retail Space

      90,000 SF retail space in Morehead City, NC.
      Morehead City, NC 28557
      View Details
    • $1,200 /Mo
      1,500 SF

      Morehead City Retail/Office Space

      1500 sq ft unit in busy shopping center.
      3025 Bridges St, Morehead City, NC 28557
      View Details
    • $15 SF/Yr
      8,325 SF

      Morehead City Retail Space

      Prime retail space, 8,325 sq ft, available now.
      2900 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing
      5,636 SF

      Retail Space in Cypress Bay

      Highly visible shopping center with national retail tenants.
      5167 Hwy 70 W, Morehead City, NC 28557
      View Details

    Property Visit Statistics

    • Visits by month
      15.9k
    • Visitors by month
      10.4k
    • Avg Time on site
      16 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4135 Arendell St
    Morehead City, NC 28557-2854
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.