Property profile

7801 Emerald Dr Emerald Isle, NC 28594

OFF-MARKET
Turn key restaurants
Property ID
US53-2865853
1,702 SF 0.35 ac lot Built 1978
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Construction WOOD
Total area 1,702 SF
Lot 0.35 ac (15,420 SF)
Zoning code R2
APN 5393.05.18.8942000
UPID US53-2865853

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

7801 Emerald Dr Emerald Isle, NC 28594-2810
Emerald Isle metro Census 970903 MOREHEAD CITY, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2016
4 recorded transactions
2016
$320,000
2007
Price N/A
2007
$420,000
1969
Price N/A

Zoning & alternative use

R2 · Emerald Isle, NC
Zoning description

R2 Residential RMF Residential Multi Family MH MobileManufactured Home BUSINESS/GOVERNMENT/CAMP DISTRICTS B Business C Camp G Government MIXED-USE DISTRICTS VE Village-East VW Village-West MV Marina Village OVERLAY DISTR…

General category RESIDENTIAL

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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