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    4911 Old Long Beach Road SE Southport, NC 28461

    View on Map
    For Lease
    $650 /Mo

    COMMERCIAL - Southport, NC

    Property size:
    9,434 SF
    Lot size:
    76.00 Acres
    Added:
    Apr 10, 2025
    Days on Market:
    357
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 4911 Old Long Beach Road SE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Co-Cld
    Parking
    42
    Parking features
    Off Street, Parking Lot, Driveway
    Standard status
    Active
    APN
    2210005801
    Size
    9,434 SF
    Lot size
    76.00 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    .76Ac Plat 78/29 Nc 133
    Expense value
    6450
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Utilities
    Water Available
    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2005
    Number of units
    13

    We can help!

    Listing Contact
    Justin A Ash

    Listing agent Justin A Ash License #237304

    Listing office Advantage Rentals LLC 1018 N Lake Park Blvd #102, Carolina Beach, NC

    Listing date Apr 10, 2025

    MLS# 100502521

    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.

    Overview

    Southport Co-Working and Office Space

    Located in Southport, NC, this commercial property offers flexible co-working and private office solutions. The property provides options suitable for solopreneurs, growing teams, or individuals needing a focused workspace. Private offices offer dedicated space for individuals or small teams, providing a secure and professional environment. A shared co-working space fosters connection and collaboration, offering an affordable option for networking with other professionals. Flexible rental options include monthly, weekly, daily, and hourly arrangements. The property includes ample parking, a private elevator, dedicated restrooms and water fountains, a community conference room, a break room area, and free high-speed internet/WiFi. The building has a total area of 9434 square feet and is situated on a 76-acre lot. The zoning is Co-Cld, allowing for a range of commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Southport
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0547
    Latitude
    34.0734

    Nearby Similar for Lease

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      New Mixed-Use Development For Lease

      New construction mixed-use development featuring retail and Class-A office space.
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      View Details
    • $18/mo

      Retail Space in Southport Center

      Retail space for lease in Food Lion anchored shopping center.
      4891 Long Beach Road, Southport, NC
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    • $21/mo

      Retail Space in Southport Crossing

      Retail space for lease anchored by Lowes Foods.
      5009-5021 Southport Crossing Wy, Southport, NC
      View Details

    FAQs

    What type of property is this?
    Coworking space - Flexible co-working and private office solutions available for rent.
    Where is this coworking space located?
    The property is located at 4911 Old Long Beach Road SE Southport, NC.
    What is the lease rate?
    The lease rate is $650 /Mo.
    What are key features of this property?
    This property features: Flexible rental options: Hourly, daily, weekly, and monthly.; Private offices and shared co‑working spaces available.; **Premium amenities included:** Ample parking, private elevator, conference room, break room, and high‑speed internet.
    (910) 231-0642
    We can help!
    Listing Contact
    Justin A Ash
    Real Estate License ID: 237304
    Learn More
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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
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