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    Property profile & analytics

    5370 Hwy 70th W Morehead City, NC 28557-4523

    • Strip malls
    • 25,440 SF
    • 1.87 lot acres
    OFF-MARKET
    Value Estimation
    $645,000
    Location Intelligence
    Property ID
    US53-2658059
    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

    • Save Big Printing / Graphic Designer / Commercial Printer
    • American Security Mortgage / Mortgage Lender
    • Always Nutrition and Fitness / Personal Trainer / Physical Fitness Program
    • Cocunutz Tanning Salon / Tanning Salon
    • Los Sabores Latinos Taqueria Y Pupuseria / Salvadoran Restaurant

    Property Details for 5370 Hwy 70th W

    Year built
    2001
    Construction
    STONE
    Lot size
    1.87 lot acres
    Property size
    25,440 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    6356.06.48.0695000
    APU
    635606480695000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $680,000

    • CAP approach

      CAP return
      Estimation
      6%
      $635,000
      6.5%
      $685,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $620,000
      Geo Method
      $730,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $645,000
      Retail
      $725,000
      Mixed-Use
      $720,000
      Hospitality
      $780,000
      Educational
      $640,000
      Residential Income
      $675,000
      Energy
      $565,000
      Income-Based Land
      $780,000
      Food Service
      $745,000

    Location Insight

    • Map
    • Local Demand
    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.8222
    Latitude
    34.7434
    CBSA code
    33980
    CBSA name
    MOREHEAD CITY, 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
    2022
    $6,600
    $794,045
    $1,201,491
    $1,995,536
    -
    $794,045
    $1,201,491
    $1,995,536

    Comparable in this City

    • Value Estimation
      $1,450,000
      9,630 SF

      4014 Arendell St

      SHOPPING CENTER, STRIP CENTER • 9,630 SF
      4014 Arendell St, Morehead City, NC 28557-2938
      View Details
    • Value Estimation
      $1,210,000
      16,130 SF

      3011 Bridges St

      SHOPPING CENTER, STRIP CENTER • 16,130 SF
      3011 Bridges St, Morehead City, NC 28557-3531
      View Details
    • Value Estimation
      $1,050,000
      19,736 SF

      4050 Arendell St

      SHOPPING CENTER, STRIP CENTER • 19,736 SF
      4050 Arendell St, Morehead City, NC 28557-2977
      View Details
    • Value Estimation
      $1,045,000
      27,240 SF

      1700 Arendell St

      SHOPPING CENTER, STRIP CENTER • 27,240 SF
      1700 Arendell St, Morehead City, NC 28557-4040
      View Details
    • Value Estimation
      $1,535,000
      15,450 SF

      3025 Bridges St

      SHOPPING CENTER, STRIP CENTER • 15,450 SF
      3025 Bridges St, Morehead City, NC 28557-3381
      View Details
    • Value Estimation
      $415,000
      8,160 SF

      1103 20th St

      SHOPPING CENTER, STRIP CENTER • 8,160 SF
      1103 20th St, Morehead City, NC 28557-4407
      View Details

    Similar Nearby for Sale

    • $2,550,000
      13,813 SF

      2904 Arendell St

      Lifestyle centers • 13,813 SF
      2904 Arendell St, Morehead City, NC 28557
      View Details
    • $1,750,000
      5,540 SF

      Morehead City Mixed-Use Gem

      Historic Downtown B&B, Huge Potential
      500 Arendell St, Morehead City, NC 28557
      View Details
    • $450,000
      2,248 SF

      Morehead City Retail Corner Lot

      High-traffic Hwy 70 E retail space. Vacant, ready for your business.
      4415 Arendell St, Morehead City, NC 28557
      View Details
    • $1,100,000

      Restaurant Ready Building For Sale

      Restaurant-ready building with kitchen and walk-in coolers for sale.
      3010 Arendell St, Morehead City, NC 28557
      View Details
    • $1,690,000
      1.71 Acres

      Waterfront Lot in Morehead City

      1.7-acre deepwater lot with approved dock permit.
      964 Country Club Rd, Morehead City, NC 28557
      View Details
    • $299,900
      0.35 Acres

      Waterfront Lot in Mariners Point

      Build your dream home on this waterfront lot!
      1823 Olde Farm Rd, Morehead City, NC 28557
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      8,325 SF

      Morehead City Retail Space

      Prime retail space, 8,325 sq ft, available now.
      2900 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing
      5,636 SF

      Retail Space in Cypress Bay

      Highly visible shopping center with national retail tenants.
      5167 Hwy 70 W, Morehead City, NC 28557
      View Details
    • $8 SF/Yr
      2,248 SF

      Hwy 70 E Morehead City Office Space

      Prime Morehead City location, high traffic area.
      4415 Arendell St, Morehead City, NC 28557
      View Details
    • Contact for pricing
      90,000 SF

      Former Kmart Retail Space Available

      90,000 SF retail space for lease on Arendell Street.
      4915 Arendell St, Morehead City, NC 28557
      View Details
    • $1,200 /Mo
      1,500 SF

      Morehead City Retail/Office Space

      1500 sq ft unit in busy shopping center.
      3025 Bridges St, Morehead City, NC 28557
      View Details
    • Contact for pricing

      Former Kmart Retail Space

      90,000 SF retail space in Morehead City, NC.
      Morehead City, NC 28557
      View Details
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    Morehead City, NC 28557-4523
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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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