221 MyrtleCarolina Beach, NC 28428

  • Retail properties
  • 1,902 SF
Off market
$553,000 Estimated

Property Details for 221 Myrtle

Year built
1963
Construction
CONCRETE
Lot size
0.20 AC
Property size (Sq ft)
1,902 SF
Zone code
CBD,CENTRAL BUS DIST
Property type
Retail properties
Property subtype
Turn key restaurants
APN
R09006-003-010-000
APU
R09006003010000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $677,719
    6.5%
    $625,587
    7%
    $580,902
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,268,821
    Geo Method
    $1,100,194
  • Alternative Use

    Use
    Valuation
    Residential
    $527,706
    Hospitality
    $483,376
    Educational
    $402,163
    Medical
    $415,994
    Retail
    $625,587
221 Myrtle, Carolina Beach, North Carolina

Location Insight

City
Carolina Beach
County
New Hanover
State
North Carolina
Latitude
34.036
Longitude
-77.8932
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
2022
-
$396,500
$156,500
$553,000
-
$396,500
$156,500
$553,000

FAQs

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