1400 ArendellMorehead City, NC 28557

  • Retail space
  • 8,400 SF
Off market
$623,996 Estimated

Property Details for 1400 Arendell

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.46 AC
Property size (Sq ft)
8,400 SF
Zone code
CS
Property type
Retail space
APN
6386.18.41.5648000
APU
638618415648000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,290,973
    6.5%
    $2,114,744
    7%
    $1,963,691
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,375,704
    Geo Method
    $4,858,902
  • Alternative Use

    Use
    Valuation
    Residential
    $1,783,866
    Hospitality
    $1,634,011
    Educational
    $1,359,478
    Medical
    $1,406,233
    Retail
    $2,114,744

Location Insight

City
Morehead City
County
Carteret
State
North Carolina
Latitude
34.7225
Longitude
-76.7214
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
$1,935
$250,000
$373,996
$623,996
-
$250,000
$373,996
$623,996

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