Property profile

5227 Hwy 70th W Morehead City, NC 28557

OFF-MARKET
Turn key restaurants
Property ID
US53-2785535
7,112 SF 1.78 ac lot Built 2001
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Construction WOOD
Total area 7,112 SF
Lot 1.78 ac (77,450 SF)
APN 6356.11.77.1137000
UPID US53-2785535

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
  • Restaurant

Location

5227 Hwy 70th W Morehead City, NC 28557-4507
Morehead City metro Census 970606 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2007
3 recorded transactions
2017
Price N/A
2007
$181,500
2007
Price N/A

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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