254 Lk ParkCarolina Beach, NC 28428

  • Turn key restaurants
  • 3,117 SF
Off market
$790,900 Estimated

Property Details for 254 Lk Park

Year built
1973
Construction
WOOD FRAME
Lot size
0.60 AC
Property size (Sq ft)
3,117 SF
Zone code
CBD,CENTRAL BUS DIST
Property type
Turn key restaurants
APN
R09006-003-002-000
APU
R09006003002000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $916,959
    6.5%
    $846,424
    7%
    $785,965
  • Comparable approach

    Method
    Valuation
    Relative Method
    $858,142
    Geo Method
    $744,095
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,708,940
    Mixed-Use / Specialty
    $819,835
    Hospitality / Lodging
    $570,798
    Office
    $790,413
    Institutional / Educational
    $843,874
    Residential Income
    $987,332
    Multifamily
    $1,314,830
    Automotive / Energy
    $723,320
    Parking / Income-Based Land
    $272,897
    Restaurant / Food Service
    $376,097
    Healthcare / Senior Housing
    $864,897

Location Insight

City
Carolina Beach
County
New Hanover
State
North Carolina
Latitude
34.0358
Longitude
-77.8934
CBSA code
48900
CBSA name
WILMINGTON, NC METROPOLITAN 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
2023
$5,259
$401,400
$389,500
$790,900
-
$401,400
$389,500
$790,900

FAQs

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