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Property profile & analytics
FOR SALE
Medical Office Space
4725 Country Club Rd Morehead City, NC 28557
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2735293
For Sale
1 / 44
$1,175,000
4725 Country Club Rd, Morehead City, NC 28557
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,388 SF
Lot
0.96 ac (41,818 SF)
APN
6366.10.46.9016000
UPID
US53-2735293
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hester T Oma MD Physician
-
Arrowood Jr John P MD Physician Medical Clinic
-
Sandra Royle-Tabak Physician
-
Grady R Dwight MD Physician
-
Rebecca Weston Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pelagic Holdings LLC · 3 yrs held
Pelagic Holdings LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Morehead City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morehead City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$602,570
Assessed 2024
Previous assessed
$602,570
+0.0% YoY
Assessed land
$128,166
Assessed improvement
$474,404
Land market value
$128,166
Improvement market value
$474,404
Total market value
$602,570
Applied tax rate
1,351.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Bathrooms
3
Total area
3,388 SF
Lot
0.96 ac (41,818 SF)
APN
6366.10.46.9016000
UPID
US53-2735293
Jurisdiction
CARTERET
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Bathrooms
3
Lot
0.96 ac
Current owner
From public records · entity-resolved
Pelagic Holdings LLC
Entity
Mailing address
315 WILKESBORO BLVD NE STE 2A, LENOIR, NC 28645-4498
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
$750,000
Pelagic Holdings LLC
Carolinaeast Health System
Deed
$600,000 · Truist Bank
Feb 15, 2013
$575,000
System,carolinaeast Health
Centa M LLC
Grant Deed
—
Nov 10, 2010
$505,000
Centa M LLC
Granola LLC
Grant Deed
$429,000 · First Citizens Bank & Trust Co
Dec 6, 2007
—
Granola LLC
—
Trustees Deed
related
$500,000 · Sound Bank
Apr 18, 2007
—
Granola LLC
Busteed,timothy A & Jennie B
Warranty Deed
—
May 25, 2006
$165,000
Timothy A Busteed
Horton,david A & Karen
Warranty Deed
$150,000 · Sound Bank
—
—
Granola LLC
—
Deed Of Trust
related
$117,000 · Sound Bank
—
—
Centa M LLC
—
Deed Of Trust
related
$429,000 · First Citizens Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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