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Financial
Distress signals
Property profile

501 35th St Morehead City, NC 28557

OFF-MARKET
Office buildings
Property ID
US53-2751593
5,248 SF 1.01 ac lot Built 1994
Last sale Oct 2024 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,286-square-foot industrial warehouse in Morehead City, North Carolina, presents a unique investment opportunity. Located in a prestigious office park setting at 501 N 35th Street, this well-maintained brick building boasts a versatile interior layout. Currently configured with 18 individual offices, multiple conference rooms, a break room/kitchen, and a spacious common area, the property offers significant flexibility for various business needs. Several entry points…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2024$641k
Assessed land$189k
Assessed improvement$452k
Effective rate0.33%

Value estimate

· Oct 2026
$850k
$765k – $935k
AI approach$850k
Submarket $/SF estimate$720k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$156/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$97 – $253

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R20
This district is intended to allow single-family dwellings at a density of up to two units per acre on minimum 20000 square foot lots, wh...
General categoryRESIDENTIAL
JurisdictionCARTERET

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Convenience Store10.2
Wholesale Shop9.9

Location

501 35th St Morehead City, NC 28557-3120
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3701 John Platt, Morehead City, NC 28557-4372 $1,027,000 Dec 2025 4,068 SF
210 Hwy 24, Morehead City, NC 28557-2581 $1,700,000 Dec 2025 4,014 SF
147 Nc Hwy 24, Morehead City, NC 28557-8998 $1,773,000 Jan 2025 6,052 SF
5090 Business, Morehead City, NC 28557-6316 $400,000 Sep 2024 6,392 SF
5056 Hwy 70th Wa, Morehead City, NC 28557-4502 $1,275,000 Jul 2023 5,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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