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    Property profile & analytics

    Nc 12th Hwy Waves, NC 27982

    • Investment properties
    • 1,549 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US53-3486376
    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

    • Investment properties

    Property Details for Nc 12th Hwy

    Year built
    1910
    Lot size
    1.56 lot acres
    Property size
    1,549 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    14278001
    APU
    14278001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waves
    County
    Dare
    State
    North Carolina
    Longitude
    -75.4693
    Latitude
    35.5703
    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
    $2,896
    $316,800
    $140,800
    $457,600
    -
    $316,800
    $140,800
    $457,600

    Comparable in this City

    • Value Estimation
      $265,000
      2,000 SF

      25855 Outer Banks Scenic Bywy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,000 SF
      25855 Outer Banks Scenic Bywy, Waves, NC 27982
      View Details
    • Value Estimation
      $430,000
      2,816 SF

      25206 Bold Dune Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,816 SF
      25206 Bold Dune Dr, Waves, NC 27982
      View Details
    • Value Estimation
      $300,000
      2,560 SF

      25205 Mac-oca Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,560 SF
      25205 Mac-oca Dr, Waves, NC 27982
      View Details
    • Value Estimation
      $515,000
      2,144 SF

      25579 Nc Hwy 12

      OFFICE/RESIDENTIAL (MIXED USE) • 2,144 SF
      25579 Nc Hwy 12, Waves, NC 27982
      View Details
    • Value Estimation by Request
      1,800 SF

      25202 Is Pne Dr

      Investment properties • 1,800 SF
      25202 Is Pne Dr, Waves, NC 27982
      View Details
    • Value Estimation
      $505,000
      6,433 SF

      25204 Mac-oca Dr

      BOARDING/ROOMING HOUSE • 6,433 SF
      25204 Mac-oca Dr, Waves, NC 27982
      View Details

    Similar Nearby for Sale

    • $750,000
      1,800 SF

      OBX Restaurant & Building Sale

      Prime location, established eatery, high tourist traffic.
      25202 Is Pne Dr, Waves, NC 27982
      View Details
    • $189,500
      16,500.00 Acres

      Sound Side Lot Ready to Build

      Oversized sound side lot with approved permit and deeded water access.
      27199 Sunset Dr, Salvo, NC 27982
      View Details
    • $650,000
      8,000.00 Acres

      Oceanfront Lot in Waves, NC

      Vacant oceanfront lot in Sea Isle Hills neighborhood.
      Sea Isle Hl Dr, Waves, NC 27982
      View Details
    • $435,000
      51,200.00 Acres

      Soundfront Homesite in Waves, NC

      Over 1 acre soundfront homesite in kite boarders paradise.
      26174 W Vis Dr, Waves, NC 27982
      View Details
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    Waves, NC 27982
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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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