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    Property profile & analytics

    5041 Executive Dr Morehead City, NC 28557-2507

    • Office buildings
    • 2,508 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US53-2863992
    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

    • Allison Kern / Audiologist
    • East Coast Hearing and Balance / Audiologist

    Property Details for 5041 Executive Dr

    Year built
    2020
    Construction
    WOOD
    Lot size
    0.43 lot acres
    Property size
    2,508 SF
    Zone code
    B1
    Property type
    Office buildings
    APN
    6366.09.25.3688000
    APU
    636609253688000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $400,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $375,000
      Mixed-Use
      $375,000
      Hospitality
      $330,000
      Educational
      $370,000
      Residential Income
      $330,000
      Energy
      $390,000
      Income-Based Land
      $345,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.7948
    Latitude
    34.7347
    CBSA code
    33980
    CBSA name
    MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA

    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
    2022
    $2,280
    $258,804
    $869,626
    $1,128,430
    -
    $258,804
    $869,626
    $1,128,430

    Comparable in this City

    • Value Estimation by Request
      180 SF

      Morehead City, NC 28557

      OFFICE BUILDING • 180 SF
      Morehead City, NC 28557
      View Details
    • Value Estimation by Request
      848 SF

      109 28th St

      OFFICE BUILDING • 848 SF
      109 28th St, Morehead City, NC 28557-3306
      View Details
    • Value Estimation by Request
      8,840 SF

      3709 Bridges St

      OFFICE BUILDING • 8,840 SF
      3709 Bridges St, Morehead City, NC 28557-2916
      View Details
    • Value Estimation
      $420,000
      6,392 SF

      5090 Business Dr

      OFFICE BUILDING • 6,392 SF
      5090 Business Dr, Morehead City, NC 28557-6316
      View Details
    • Value Estimation
      $840,000
      5,248 SF

      501 35th St

      OFFICE BUILDING • 5,248 SF
      501 35th St, Morehead City, NC 28557-3120
      View Details
    • Value Estimation
      $325,000
      2,362 SF

      4317 Arendell St

      OFFICE BUILDING • 2,362 SF
      4317 Arendell St, Morehead City, NC 28557-2855
      View Details

    Similar Nearby for Sale

    • $420,000
      2,318 SF

      Morehead City Office Building

      Prime Medical/Creative Office Space
      403 35Th St, Morehead City, NC 28557
      View Details
    • $450,000
      2,248 SF

      Morehead City Retail Corner Lot

      High-traffic Hwy 70 E retail space. Vacant, ready for your business.
      4415 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing
      5,880 SF

      Downtown Morehead City Office Space

      Office space for lease in downtown Morehead City.
      911 Arendell St, Morehead City, NC 28557
      View Details
    • $1,750,000
      5,540 SF

      Morehead City Mixed-Use Gem

      Historic Downtown B&B, Huge Potential
      500 Arendell St, Morehead City, NC 28557
      View Details
    • $1,650,000
      10.09 Acres

      Coastal Industrial Land - Morehead City, NC

      10 Acres, Water/Sewer, Opportunity Zone
      5081 Business Dr, Morehead City, NC 28557
      View Details
    • $349,000
      0.41 Acres

      Corner Lot in Morehead City

      Vacant commercial lot with high visibility and traffic count.
      4 Bridges St Lot Pt, Morehead City, NC 28557
      View Details

    Similar Nearby for Lease

    • $150 SF/Yr
      1,908 SF

      Morehead City Office Space for Lease

      1908 sq ft, 8 offices, 2 baths
      5039 Executive Dr, Morehead City, NC 28557
      View Details
    • $1,200 /Mo
      1,500 SF

      Morehead City Retail/Office Space

      1500 sq ft unit in busy shopping center.
      3025 Bridges St, Morehead City, NC 28557
      View Details
    • $8 SF/Yr
      2,248 SF

      Hwy 70 E Morehead City Office Space

      Prime Morehead City location, high traffic area.
      4415 Arendell St, Morehead City, NC 28557
      View Details
    • $1.00 SF/Yr
      4,415 SF

      Visible Office Space For Rent

      Office space with high visibility on a main thoroughfare.
      4252 Arendell St, Morehead City, NC 28557
      View Details
    • $15 SF/Yr
      8,325 SF

      Morehead City Retail Space

      Prime retail space, 8,325 sq ft, available now.
      2900 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing
      5,636 SF

      Retail Space in Cypress Bay

      Highly visible shopping center with national retail tenants.
      5167 Hwy 70 W, Morehead City, NC 28557
      View Details
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    5041 Executive Dr
    Morehead City, NC 28557-2507
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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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