501 35th St Morehead City, NC 28557-3120
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 enhance accessibility and operational efficiency. A substantial 1,200-square-foot walk-up area, complete with HVAC and sheetrock walls, provides ample potential for storage expansion or additional workspace. Ample parking is available, conveniently situated on both 35th Street and John Platt Road. The property's beautifully landscaped surroundings contribute to its attractive and professional appeal. This single-tenant property is situated in Carteret County, NC, zip code 28557, and is priced competitively below market value. The property is classified as both industrial and commercial, offering a wide range of potential uses. This is a rare opportunity to acquire a well-maintained, versatile property in a desirable location.
-
The Grove on 35th Coworking & Hybrid Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R20 · Morehead City, NCMorehead City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.