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    Property profile & analytics

    8754 Reed Dr Ste, Unit 14 Emerald Isle, NC 28594-2453

    • Commercial real estate
    • 1,100 SF
    OFF-MARKET
    Value Estimation
    $130,000
    Last Sale
    Jan 06, 2021
    $149,500
    Location Intelligence
    Property ID
    US53-2874367
    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

    • Commercial real estate

    Property Details for 8754 Reed Dr Ste

    Year built
    1987
    Construction
    STONE
    Property size
    1,100 SF
    Zone code
    B3
    Property type
    Commercial real estate
    APN
    5383.11.67.1212000
    APU
    538311671212000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $140,000

    • CAP approach

      CAP return
      Estimation
      6%
      $85,000
      6.5%
      $90,000
      7%
      $100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $85,000
      Geo Method
      $100,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $90,000
      Retail
      $110,000
      Mixed-Use
      $110,000
      Hospitality
      $100,000
      Educational
      $95,000
      Residential Income
      $95,000
      Energy
      $95,000
      Income-Based Land
      $85,000
      Food Service
      $105,000

    Location Insight

    • Map
    • Local Demand
    City
    Emerald Isle
    County
    Carteret
    State
    North Carolina
    Longitude
    -77.0504
    Latitude
    34.661
    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
    $502
    $0.00
    $100,320
    $100,320
    -
    $0.00
    $100,320
    $100,320

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      Emerald Isle, NC 28594

      COMMERCIAL (GENERAL) • 0.10 Acres
      Emerald Isle, NC 28594
      View Details
    • Value Estimation
      $295,000
      840 SF

      7601 Emerald Dr Ste C

      COMMERCIAL CONDOMINUIM • 840 SF
      7601 Emerald Dr Ste C, Emerald Isle, NC 28594-2956
      View Details
    • Value Estimation
      $300,000
      592 SF

      3107 Emerald Dr

      COMMERCIAL (GENERAL) • 592 SF
      3107 Emerald Dr, Emerald Isle, NC 28594-3903
      View Details
    • Value Estimation
      $12,275,000
      10,071 SF

      8700 Emerald Dr

      COMMERCIAL (GENERAL) • 10,071 SF
      8700 Emerald Dr, Emerald Isle, NC 28594-2400
      View Details
    • Value Estimation
      $395,000
      320 SF

      8716 Reed Dr

      COMMERCIAL (GENERAL) • 320 SF
      8716 Reed Dr, Emerald Isle, NC 28594
      View Details
    • Value Estimation
      $340,000
      2,040 SF

      8802 Reed Dr Ste, Unit 4

      COMMERCIAL (GENERAL) • 2,040 SF
      8802 Reed Dr Ste, Emerald Isle, NC 28594-2459
      View Details

    Similar Nearby for Sale

    • $275,000
      0.29 Acres

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      Residential lot in gated community with amenities and beach access.
      101 Windjammer Cv, Emerald Isle, NC 28594
      View Details
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      0.45 Acres

      Pond Front Lot in Emerald

      Pond front lot in Spinnaker's Reach, Emerald Isle, NC.
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      Emerald Isle Oceanview Homesite

      Fourth-row lot with septic permit in Emerald Isle, NC.
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    • $600,000

      Residential Lot in Spinnakers Reach

      Building lot in private community, steps from pool and ocean.
      202 Shipwreck Ct, Emerald Isle, NC 28594
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    • $275,000

      Residential Lot in Gated Community

      Residential lot in Emerald Isle with community amenities.
      101 Windjammer, Emerald Isle, NC 28594
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    • $390,000
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      Sound Side Lot Opportunity

      Undeveloped sound side lot near shopping, dining, and beach.
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    Emerald Isle, NC 28594-2453
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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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