Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5415 Croatan Hwy Southern Shores, NC 27949-3995

    • Drive through restaurants
    • 1,088 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $570,000
    Last Sale
    Dec 17, 2021
    Location Intelligence
    Property ID
    US53-3204105
    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

    • Taco Bell / Fast Food Restaurant / Burrito Restaurant

    Property Details for 5415 Croatan Hwy

    Year built
    2019
    Lot size
    0.41 lot acres
    Property size
    1,088 SF
    Property type
    Drive through restaurants
    APN
    22798000
    APU
    22798000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southern Shores
    County
    Dare
    State
    North Carolina
    Longitude
    -75.7216
    Latitude
    36.0991
    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
    $1,228
    $292,600
    $418,300
    $710,900
    -
    $292,600
    $418,300
    $710,900

    Comparable in this City

    • Value Estimation by Request
      520 SF

      3718 Virginia Dare N Trl

      DRIVE-THRU RESTAURANT, FAST FOOD • 520 SF
      3718 Virginia Dare N Trl, Kitty Hawk, NC 27949-4277
      View Details
    • Value Estimation by Request
      220 SF

      1245 Duck Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 220 SF
      1245 Duck Rd, Duck, NC 27949-4591
      View Details
    • Value Estimation
      $595,000
      1,285 SF

      1221 Duck Rd, Unit 1223

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,285 SF
      1221 Duck Rd, Duck, NC 27949-4561
      View Details
    • Value Estimation
      $2,070,000
      6,832 SF

      3833 Croatan Hwy

      RESTAURANT • 6,832 SF
      3833 Croatan Hwy, Kitty Hawk, NC 27949
      View Details
    • Value Estimation
      $335,000
      680 SF

      4624 Virginia Dare N Trl

      RESTAURANT • 680 SF
      4624 Virginia Dare N Trl, Kitty Hawk, NC 27949-4185
      View Details
    • Value Estimation by Request
      5,496 SF

      4020 Croatan Hwy

      NIGHTCLUB (COCKTAIL LOUNGE) • 5,496 SF
      4020 Croatan Hwy, Kitty Hawk, NC 27949-6073
      View Details

    Similar Nearby for Sale

    • $6,793,000
      4,640 SF

      NNN Leased Investment Opportunity

      NNN leased 7-Eleven with 10 years remaining on lease.
      6100 N Croatan Hwy, Kitty Hawk, NC 27949
      View Details
    • $1,199,000
      31,500.00 Acres

      Highly Visible Commercial Property

      Adaptable commercial property in a high-traffic Kitty Hawk corridor.
      3719 N Croatan Hwy, Kitty Hawk, NC 27949
      View Details
    • $300,000
      20,000.00 Acres

      Residential Land with Ocean Views

      Residential lot with golf course and ocean views.
      4620 Johnston Ln, Kitty Hawk, NC 27949
      View Details
    • $340,000

      Move-in Ready Townhouse Condo

      Furnished townhouse-style condo near beach, restaurants, and shops.
      302 Angler Way, Kitty Hawk, NC 27949
      View Details
    • New
      $1,520,000
      630,126.00 Acres

      Waterfront Land in Kitty Hawk Village

      14.47-acre waterfront sanctuary for outdoor enthusiasts in Kitty Hawk, NC.
      1327 W Kitty Hawk Rd, Kitty Hawk, NC 27949
      View Details
    • $379,000
      19,455.00 Acres

      Canal Front Homesite in Shores

      Prime canal front homesite in Southern Shores, North Carolina.
      153 Bayberry Trl, Southern Shores, NC 27949
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5415 Croatan Hwy
    Southern Shores, NC 27949-3995
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.