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    418 Back Rd Ocracoke, NC 27960-1008

    • Commercial real estate
    • 1,680 SF
    • 1.95 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Last Sale
    Dec 23, 2020
    Location Intelligence
    Property ID
    US53-4433974
    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

    • Commercial real estate

    Property Details for 418 Back Rd

    Year built
    1997
    Lot size
    1.95 lot acres
    Property size
    1,680 SF
    Zone code
    AG
    Property type
    Commercial real estate
    APN
    9501305478
    APU
    9501305478

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocracoke
    County
    Hyde
    State
    North Carolina
    Longitude
    -75.9792
    Latitude
    35.1142

    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
    2023
    $4,191
    $348,500
    $48,774
    $397,274
    -
    $348,500
    $48,774
    $397,274

    Comparable in this City

    • Value Estimation by Request
      0.47 Acres

      226 Back Rd

      Commercial real estate • 0.47 Acres
      226 Back Rd, Ocracoke, NC 27960
      View Details
    • Value Estimation by Request

      Irvin Garrish Hwy

      COMMERCIAL (GENERAL)
      Irvin Garrish Hwy, Ocracoke, NC 27960
      View Details
    • Value Estimation by Request

      491 Irvin Garrish Hwy

      COMMERCIAL (GENERAL)
      491 Irvin Garrish Hwy, Ocracoke, NC 27960
      View Details
    • Value Estimation by Request
      3,588 SF

      1050 Irvin Garrish Hwy

      Restaurants • 3,588 SF
      1050 Irvin Garrish Hwy, Ocracoke, NC 27960
      View Details
    • Value Estimation
      $375,000
      1.10 Acres

      Ocracoke, NC 27960

      COMMERCIAL (GENERAL) • 1.10 Acres
      Ocracoke, NC 27960
      View Details
    • Value Estimation by Request
      0.36 Acres

      Ocracoke, NC 27960

      COMMERCIAL (GENERAL) • 0.36 Acres
      Ocracoke, NC 27960
      View Details

    Similar Nearby for Sale

    • $1,800,000
      0.47 Acres

      Ocracoke Island Coffee Shop & Cottage

      Turnkey Business & Charming Home
      226 Back Rd, Ocracoke, NC 27960
      View Details
    • New
      $399,000
      8,728.00 Acres

      Ocracoke Village Waterfront Lot

      Cleared lot with water views and deeded dock access.
      Silver Lake Dr, Ocracoke, NC 27960
      View Details
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    418 Back Rd
    Ocracoke, NC 27960-1008
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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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