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    Property profile & analytics

    5205 Croatan Hwy Nags Head, NC 27959-9500

    • Commercial real estate
    • 20,140 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US53-3709358
    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

    • Village Pizza of Nags Head / Pizza Restaurant / Breakfast Restaurant
    • Sonic Drive-In / Fast Food Restaurant / Chicken Restaurant
    • Oceans Beachwear / Gift Shop / Beach Clothing Store

    Property Details for 5205 Croatan Hwy

    Year built
    2006
    Lot size
    1.25 lot acres
    Property size
    20,140 SF
    Property type
    Commercial real estate
    APN
    27839999
    APU
    27839999

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nags Head
    County
    Dare
    State
    North Carolina
    Longitude
    -75.6138
    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
    $0.00
    $408,800
    $35,600
    $444,400
    -
    $408,800
    $35,600
    $444,400

    Comparable in this City

    • Value Estimation by Request
      0.52 Acres

      3603 Virginia Dare Trl

      Land • 0.52 Acres
      3603 Virginia Dare Trl, Nags Head, NC 27959
      View Details
    • Value Estimation by Request
      1,304 SF

      7234 Virginia Dare Trl

      COMMERCIAL (GENERAL) • 1,304 SF
      7234 Virginia Dare Trl, Nags Head, NC 27959
      View Details
    • Value Estimation by Request
      850 SF

      4711 Croatan Hwya#2

      COMMERCIAL CONDOMINUIM • 850 SF
      4711 Croatan Hwya#2, Nags Head, NC 27959-8997
      View Details
    • Value Estimation by Request
      72 SF

      6714 Croatan Hwy

      COMMERCIAL (GENERAL) • 72 SF
      6714 Croatan Hwy, Nags Head, NC 27959-9049
      View Details
    • Value Estimation
      $4,330,000
      440 SF

      7531 Virginia Dare Trl Ste 2e

      COMMERCIAL CONDOMINUIM • 440 SF
      7531 Virginia Dare Trl Ste 2e, Nags Head, NC 27959-9442
      View Details
    • Value Estimation
      $215,000
      1,464 SF

      4711 Croatan Hwyb#5

      COMMERCIAL CONDOMINUIM • 1,464 SF
      4711 Croatan Hwyb#5, Nags Head, NC 27959-8997
      View Details

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    • $575,000
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      Vacant lot near Jockey's Ridge, ideal for vacation home.
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      Approved cottage court development opportunity in Nags Head, North Carolina.
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      Soundfront Commercial Lot For Sale

      Soundfront commercial lot in Nags Head, NC available for sale.
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    Property Visit Statistics

    • Visits by month
      7.4k
    • Visitors by month
      5.4k
    • Avg Time on site
      17 min
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    5205 Croatan Hwy
    Nags Head, NC 27959-9500
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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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