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Property profile & analytics
OFF-MARKET
Estimated value
$10,650,000
Office buildings
9050 Caratoke Hwy Point Harbor, NC 27964-9719
Individually Owned
3-yr Hold
Free & Clear
Property ID
US53-5738104
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
1,408 SF
Lot
7.87 ac (342,817 SF)
Zoning code
GB
APN
13200001380000
UPID
US53-5738104
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Midgard Self Storage Storage Facility
-
Area Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.65M
Owner & transaction history
Midard Self Storage Point Harbor Nc · 3 yrs held
Midard Self Storage Point Harbor Nc
since 2022
Last sale
$10.4M
3 recorded transactions
Zoning & alternative use
GB · Point Harbor, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Point Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Point Harbor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,235,000
ML approach
$8,535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.65M
Range $9.59M – $11.72M · ±10% · vs last sale $10.36M (Aug 10 2022)
Last sale anchor
$10.36M
Aug 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$7,564 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,223
Tax year 2023
Assessed value
$1,960,500
Assessed 2023
Previous assessed
$1,960,500
+0.0% YoY
Effective rate
0.57%
On assessed value
Assessed land
$324,200
Assessed improvement
$1,636,300
Land market value
$324,200
Improvement market value
$1,636,300
Total market value
$1,960,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
9
Stories
1
Units
1
Total area
1,408 SF
Lot
7.87 ac (342,817 SF)
Zoning code
GB
APN
13200001380000
UPID
US53-5738104
Jurisdiction
CURRITUCK
Zoning & alternative use
GB · Point Harbor, NC
Zoning GB · permitted uses
GB · Point Harbor, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Point Harbor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Buildings
9
Units
1
Lot
7.87 ac
Current owner
From public records · entity-resolved
Midard Self Storage Point Harbor Nc
Individual
Free & Clear · 3 yrs held
Mailing address
1146 CANTON ST, ROSWELL, GA 30075-3641
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
—
Midard Self Storage Point Harbor Nc
Area Storage INC
Deed
—
Aug 10, 2022
$10,355,000
Midgard Self Storage Point Harbor N
Area Storage INC
Special Warranty Deed
—
—
—
Area Storage INC
—
Deed Of Trust
related
$1,621,000 · Heritage Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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