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    10255 Beach Dr SW Calabash, NC 28467

    View on Map
    Sponsored
    For Sale
    $1,579,000

    SINGLE_FAMILY - Calabash, NC

    Type:Office
    Property size:
    6,776 SF
    Lot size:
    0.50 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 29 at 4:06 pm

    Property Features for 10255 Beach Dr SW

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CA-CB
    APN
    2542a034
    Size
    6,776 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1985
    Flooring type
    Carpet
    Building materials
    Cedar, Block, Wood Frame
    Roof type
    Shingle

    We can help!

    Listing Contact
    Alton J Swann
    Alton J Swann

    Keller Williams Innovate South dba Core Myrtle Beach

    Listing agent Alton J Swann License #356198

    Listing date Mar 28, 2026

    MLS# 100563334

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Medical/Wellness Office on Highway 179

    This 6,700 sq ft two-story professional office building, designed in a Low-Country style, is located on Highway 179 in Calabash, North Carolina, less than one mile from the South Carolina state line. Situated on approximately 0.5 acres, the property includes on-site parking and marquee signage, offering strong visibility in a high-growth coastal corridor. The location is within 20 minutes of Calabash, Carolina Shores, Little River, North Myrtle Beach, Sunset Beach, Ocean Isle Beach, and Shallotte, and 40 minutes from Myrtle Beach, serving both North and South Carolina markets. The building, previously Renew Wellness Natural Health Center for over 10 years, is configured for medical, wellness, or professional office use. It features approximately 22 offices/treatment rooms, multiple reception and waiting areas, several conference/flex spaces, 3 restrooms, and a kitchen/break room. Multiple front and side entry points support multi-tenant flexibility. The property has prominent marquee signage, strong road frontage and visibility, attractive Low-Country architectural design, crown molding, and upscale interior trim. The interior and exterior are being refreshed with new paint. The flexible layout supports medical, wellness, therapy, executive office suites, or professional services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calabash
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.580951
    Latitude
    33.88972

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    FAQs

    What type of property is this?
    Medical Office Space - 6,700 SF medical/wellness office with high visibility on Hwy 179.
    Where is this medical office space located?
    The property is located at 10255 Beach Dr SW Calabash, NC.
    What is the asking price?
    The asking price for this property is $1,579,000.
    What are key features of this property?
    This property features: - High-Visibility Location on busy Highway 179, offering excellent exposure and signage opportunities.; - Ideal for Medical/Wellness: 6,700 sq ft building configured with 22 offices/treatment rooms, multiple reception areas.; - Multi-Tenant Flexibility: Multiple entry points and a flexible layout support medical, executive suites, or professional services.
    (843) 602-5690
    Request Owner's contact information
    10255 Beach Dr SW Calabash, NC 28467
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    Calabash, NC 28467
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10255 Beach Dr SW Calabash, NC 28467
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    Listing Contact
    Alton J Swann
    Alton J Swann
    Real Estate License ID: 356198
    Learn More
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