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    Property profile & analytics

    5150 Croatan Hwy Nags Head, NC 27959-9011

    • Outlet malls
    • 44,577 SF
    • 4.50 lot acres
    OFF-MARKET
    Value Estimation
    $1,270,000
    Location Intelligence
    Property ID
    US53-3203298
    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

    • HomeGoods / Home Goods Store / Kitchen Supply Store
    • Ulta Beauty / Beauty Salon / Hairdresser
    • Benefit Cosmetics BrowBar / Beauty Salon / Cosmetics Store

    Property Details for 5150 Croatan Hwy

    Year built
    1983
    Lot size
    4.50 lot acres
    Property size
    44,577 SF
    Property type
    Outlet malls
    APN
    28973000
    APU
    28973000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,810,000
      6.5%
      $1,620,000
      7%
      $1,730,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,620,000
      Geo Method
      $1,450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,710,000
      Retail
      $1,880,000
      Mixed-Use
      $1,425,000
      Hospitality
      $1,465,000
      Educational
      $1,685,000
      Residential Income
      $1,640,000
      Energy
      $1,920,000
      Income-Based Land
      $1,495,000
      Food Service
      $1,575,000

    Location Insight

    • Map
    • Local Demand
    City
    Nags Head
    County
    Dare
    State
    North Carolina
    Longitude
    -75.6159
    Latitude
    35.9368
    CBSA code
    28620
    CBSA name
    KILL DEVIL HILLS, 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
    2024
    $26,164
    $1,608,800
    $1,972,800
    $3,581,600
    -
    $1,608,800
    $1,972,800
    $3,581,600

    Comparable in this City

    • Value Estimation
      $6,825,000
      39,550 SF

      2210 Croatan Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 39,550 SF
      2210 Croatan Hwy, Nags Head, NC 27959-8812
      View Details
    • Value Estimation
      $995,000
      21,862 SF

      2117 Croatan Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 21,862 SF
      2117 Croatan Hwy, Nags Head, NC 27959-9009
      View Details
    • Value Estimation
      $3,635,000
      13,650 SF

      222 Saterfield Lndg

      WHOLESALE OUTLET, DISCOUNT STORE • 13,650 SF
      222 Saterfield Lndg, Nags Head, NC 27959
      View Details
    • Value Estimation by Request
      28,735 SF

      5000 Croatan Hwy

      REGIONAL SHOPPING CENTER, MALL • 28,735 SF
      5000 Croatan Hwy, Nags Head, NC 27959-8500
      View Details
    • Value Estimation by Request
      18,214 SF

      4900 Croatan Hwy

      REGIONAL SHOPPING CENTER, MALL • 18,214 SF
      4900 Croatan Hwy, Nags Head, NC 27959
      View Details
    • Value Estimation
      $1,170,000
      37,080 SF

      5000 Croatan Hwy

      REGIONAL SHOPPING CENTER, MALL • 37,080 SF
      5000 Croatan Hwy, Nags Head, NC 27959-8500
      View Details

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    Nags Head, NC 27959-9011
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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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