| Sold Market Outer Banks Commercial Real Estate Sold Jan 1- Oct 1, 2019 |
| |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
| COMMERCIAL/INDUSTRIAL |
| Other |
4 |
$2,840,000 |
$710,000 |
$814,500 |
277 |
| Conventional |
12 |
$4,956,500 |
$413,042 |
$399,750 |
254 |
| Cash |
5 |
$2,740,000 |
$548,000 |
$400,000 |
136 |
| Owner Finance |
4 |
$1,400,000 |
$350,000 |
$300,000 |
24 |
| Private |
1 |
$2,100,000 |
$2,100,000 |
$2,100,000 |
1354 |
| |
| Analysis By Area |
| Pt. Harbor to Powells Pt. |
2 |
$1,124,000 |
$562,000 |
$562,000 |
297 |
| Kitty Hawk between Hwys |
1 |
$2,100,000 |
$2,100,000 |
$2,100,000 |
1354 |
| Kitty Hawk Westside |
2 |
$998,000 |
$499,000 |
$499,000 |
266 |
| Kill Devil Hills Oceanside |
2 |
$1,099,000 |
$549,500 |
$549,500 |
94 |
| Kill Devil Hills b/w Hwys |
1 |
$400,000 |
$400,000 |
$400,000 |
723 |
| Colington |
2 |
$1,630,000 |
$815,000 |
$815,000 |
39 |
| Nags Head between hwys |
2 |
$1,540,000 |
$770,000 |
$770,000 |
101 |
| Nags Head Westside |
1 |
$125,000 |
$125,000 |
$125,000 |
156 |
| Avon Soundside |
3 |
$1,251,000 |
$417,000 |
$350,000 |
281 |
| Buxton Oceanside |
1 |
$300,000 |
$300,000 |
$300,000 |
0 |
| Buxton Soundside |
1 |
$399,500 |
$399,500 |
$399,500 |
3 |
| Frisco Soundside |
1 |
$130,000 |
$130,000 |
$130,000 |
0 |
| Hatteras Oceanside |
2 |
$500,000 |
$250,000 |
$250,000 |
48 |
| Hatteras Soundside |
1 |
$350,000 |
$350,000 |
$350,000 |
64 |
| Manteo-S. of Airport Road |
2 |
$580,000 |
$290,000 |
$290,000 |
259 |
| Dare Co. Mainland |
1 |
$410,000 |
$410,000 |
$410,000 |
122 |
| Washington County |
1 |
$1,100,000 |
$1,100,000 |
$1,100,000 |
820 |
| Totals |
26 |
$14,036,500 |
$539,865 |
$400,000 |
242 |
| |
| Non Co-op Sales |
9 |
$5,077,500 |
$564,167 |
$399,500 |
174 |
| Co-op Sales |
17 |
$8,959,000 |
$527,000 |
$400,000 |
278 |
| Total Sales |
26 |
$14,036,500 |
$539,865 |
$400,000 |
242 |
| Sold Market Outer Banks Commercial Real Estate Sold Jan 1 - Oct 1, 2018 |
| |
No. of Listings |
Dollar Volume |
Average Price |
Median Price |
Average DOM |
| |
| COMMERCIAL/INDUSTRIAL |
| Conventional |
5 |
$3,090,125 |
$618,025 |
$460,000 |
103 |
| Cash |
6 |
$1,072,500 |
$178,750 |
$141,250 |
323 |
| Owner Finance |
4 |
$2,970,000 |
$742,500 |
$472,500 |
368 |
| |
| Analysis By Area |
| Corolla Westside |
1 |
$370,000 |
$370,000 |
$370,000 |
625 |
| Kitty Hawk Oceanside |
1 |
$1,350,000 |
$1,350,000 |
$1,350,000 |
332 |
| Kitty Hawk Westside |
2 |
$802,500 |
$401,250 |
$401,250 |
488 |
| Kill Devil Hills b/w Hwys |
3 |
$1,322,625 |
$440,875 |
$460,000 |
64 |
| Nags Head between hwys |
2 |
$1,947,500 |
$973,750 |
$973,750 |
265 |
| Manteo-S. of Airport Road |
2 |
$678,000 |
$339,000 |
$339,000 |
324 |
| Ocracoke |
3 |
$617,000 |
$205,667 |
$225,000 |
198 |
| Elizabeth City |
1 |
$45,000 |
$45,000 |
$45,000 |
27 |
| Totals |
15 |
$7,132,625 |
$475,508 |
$325,000 |
262 |
| |
| Non Co-op Sales |
3 |
$2,192,000 |
$730,667 |
$325,000 |
238 |
| Co-op Sales |
12 |
$4,940,625 |
$411,719 |
$330,000 |
267 |
| Total Sales |
15 |
$7,132,625 |
$475,508 |
$325,000 |
262 |
If you are thinking about buying or selling commercial real estate on the Outer Banks, give us a call to find out what we can do for you.