Property profile

5100 Hwy 70th W Morehead City, NC 28557

OFF-MARKET
Medical Office Space
Property ID
US53-2860258
4,043 SF 0.56 ac lot Built 2006
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Construction STEEL FRAME
Total area 4,043 SF
Lot 0.56 ac (24,394 SF)
APN 6366.09.06.3518000
UPID US53-2860258

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Eye Care Center Contact Lenses Supplier
  • Physician
  • Physician

Location

5100 Hwy 70th W Morehead City, NC 28557-4504
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
$740k
Comparable Approach Comparable
$764k
Blend (final) Blend
$285k

Owner & transaction history

since 2019
3 recorded transactions
2019
$1.1M
2006
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.0M +77.6%
Retail stores $710,000 +25.5%
Office building $630,000 +10.9%

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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