Mixed-Use Property with
For Sale
$550,000
2645 Holden Beach Road SW, Supply, NC 28462
Commercial Sale, Supply, NC
Property Size1,800 SF
Lot Size0.52 Acres
Price / SF$305.56
Days on Market90
Property Features for 2645 Holden Beach Road SW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Co-CLD
Parking
20
Parking features
Paved or Surfaced
Subdivision
Not In Subdivision
Lot features
Landscaped
Directions
NC Hwy 130/Holden Beach Rd toward Holden Beach From Shallotte; Located on Right to the left of CoNoMo Restaurant
Standard status
Active
APN
232ha027
Size
1,800 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
L-4 Parcel A&B Sea Aire Plaza PL 21/536
Tax Annual Amount
1087
Legal Description
L-4 Parcel A&B Sea Aire Plaza PL 21/536
Utilities
Utilities
Phone Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
swimming pool
storage building
manufactured home
Building Details
Year built
1982
Flooring type
Concrete, Tile, Vinyl
Building materials
Block
Roof type
Shingle, Metal
Listing Agency:
PROACTIVE Real Estate
(910) 842-1616
Listed By:
Brenda Vrooman · License #204765
(910) 616-9496
Added: Jun 6
Changed: Aug 19
Last Checked: Sep 3 at 4:06PM
MLS# 100579698
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.
Investment Insights
Based on property information with market context.
This 1,800-square-foot mixed-use property sits on 0.52 acres and includes a main building with 3 office spaces, 1 utility room, 1 pool pump room, 1 storage room, and 2 bathrooms. The improvements also feature an approximately 35ft x 75ft swimming pool, a 20x12 storage building, and a manufactured home behind the main building used for storage. Construction is block, with concrete, tile, and vinyl flooring, electric heating, window or wall/window cooling, public water, and septic service. Paved parking provides roughly 20+ spaces.
The property is occupied by established swimming pool, scuba diving, and travel agency operations. It fronts Holden Beach Road SW in Supply, with the site positioned approximately 5+/- miles from Holden Beach Island, 7+/- miles from Shallotte, and less than 4+/- miles from Lockwood Folly Country Club. Co-CLD zoning is identified for the property, subject to local regulations.
The property is occupied by established swimming pool, scuba diving, and travel agency operations. It fronts Holden Beach Road SW in Supply, with the site positioned approximately 5+/- miles from Holden Beach Island, 7+/- miles from Shallotte, and less than 4+/- miles from Lockwood Folly Country Club. Co-CLD zoning is identified for the property, subject to local regulations.
Key Highlights
- 1,800‑square‑foot mixed‑use property on 0.52 acres
- Approximately 35ft x 75ft swimming pool
- Main building includes 3 office spaces and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,860
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,200
$457.2K
Cap Rate 7%
$326,571
$326.6K
Cap Rate 9%
$254,000
$254.0K
Market Conditions
NOI Build-Up for 1,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.6K $20.88/SF
− Vacancy
−$7.1K −$3.95/SF
EGI
$30.5K $16.93/SF
− OpEx
−$7.6K −$4.23/SF
NOI
$22.9K $12.70/SF
Area
Brunswick County, NC
Vacancy
18.90%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$457,200
Cap Rate 7%
$326,571
Cap Rate 9%
$254,000
Alternative Uses
Best Use
Mixed Use
$21.71M
$18.99M – $25.32M
NOI $1,519,387 @ 7.0% cap · market cap 276.25%
Second Best
Office B
$326.6K
$285.8K – $381.0K
NOI $22,860 @ 7.0% cap · market cap 4.16%
Theoretical Best
Multifamily LT 5
$22.04M
$19.28M – $25.71M
NOI $1,542,796 @ 7.0% cap · market cap 280.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Multi”, “occupancy_rate”:null, “owner_occupied”:null, “asking_price”:null, “cap_rate”:null, “noi”:null, “gross_income”:null, “hoa_fee”:null, “condition”:null, “condition_reason”:null}? Wait, I need include all keys exactly. The output template includes 34 keys plus condition and condition_reason. But I need include all keys in exact order. The template in OUTPUT_FORMAT doesn't include condition and condition_reason, but RLM says add exactly once to existing output object. So I need include them. The output should be minified JSON with all keys. I'll include them at the end. But the template says -tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 28462, NC
12,674
Population
11,620
Households
1.1
Avg Household Size
54
Median Age
25%
College-Educated
89%
High-School Grad
72.4 sq mi
ZIP Area
175
Density / Sq Mi
$58,545
Median Household Income
$36,037
Median Earnings
$859
Median Rent
$229,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial Low Density zoning accommodates an established combination of office, recreation, and service-oriented operations.
Where is this mixed-use property located?
The property is located at 2645 Holden Beach Road SW Supply, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,800‑square‑foot mixed‑use property on 0.52 acres; Approximately 35ft x 75ft swimming pool; Main building includes 3 office spaces and 2 bathrooms
