Property profile

4229 Arendell St Morehead City, NC 28557

OFF-MARKET
Drive through restaurants
Property ID
US53-2643161
4,142 SF 0.9 ac lot Built 2015
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2015
Construction WOOD
Total area 4,142 SF
Lot 0.9 ac (39,335 SF)
Zoning code CH
APN 6366.16.93.0362000
UPID US53-2643161

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
  • Restaurant

Location

4229 Arendell St Morehead City, NC 28557
Morehead City metro Census 970403 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
2014
$950,000

Zoning & alternative use

CH · Morehead City, NC
Zoning description

This district is intended to accommodate high-traffic commercial uses that serve motorists and businesses requiring visibility and access from major roadways.

General category COMMERCIAL

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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