Property profile

5121 Hwy 70th W Morehead City, NC 28557

OFF-MARKET
Warehouses
Property ID
US53-2541165
7,324 SF 0.55 ac lot Built 1963
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1963
Construction STEEL FRAME
Total area 7,324 SF
Lot 0.55 ac (23,871 SF)
APN 6356.12.96.6299000
UPID US53-2541165

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
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Location

5121 Hwy 70th W Morehead City, NC 28557-4505
Morehead City metro Census 970606 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$750k
Comparable Approach Comparable
$960k
Blend (final) Blend
$320k

Owner & transaction history

since 2009
6 recorded transactions
2019
Price N/A
2017
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +55.6%
Medical building $1.0M +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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