Property profile

5050 Business Dr Morehead City, NC 28557

OFF-MARKET
Warehouses
Property ID
US53-2653566
6,000 SF 1.04 ac lot Built 2002
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Construction STEEL FRAME
Total area 6,000 SF
Lot 1.04 ac (45,172 SF)
APN 6366.01.18.9498000
UPID US53-2653566

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5050 Business Dr Morehead City, NC 28557-6316
Morehead City metro Census 970501 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$615k
Comparable Approach Comparable
$491k
Blend (final) Blend
$335k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $935,000 +55.6%
Medical building $840,000 +40.3%

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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