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    115 Forest Drive Ext Shallotte, NC 28470

    Sponsored
    For Sale
    $269,000

    0.38-acre lot, 600 sq ft building, prime location.

    Property size:
    600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property presents a unique investment opportunity in the thriving Shallotte, NC market. Situated on a sizable 0.38-acre lot, this property offers significant potential for a variety of commercial ventures. The existing 600 square foot building provides a solid foundation for immediate use or redevelopment, allowing for customization to suit specific business needs. Its location on Forest Drive offers excellent visibility and accessibility, ensuring high traffic flow and potential customer reach. The property's size and location make it ideal for a small business looking to establish a strong presence in the community or for an investor seeking a promising return. The versatility of the existing structure and the ample land provide flexibility for expansion or the construction of new facilities. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing area. The property is priced competitively at $269,000, reflecting its significant potential and prime location. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss out on this chance to secure a valuable asset in a dynamic market. Contact us today to schedule a viewing and discuss your business plans.

    Property Features for 115 Forest Drive Ext

    General Information

    Property type
    Other commercial real estate
    Square Feet
    600 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shallotte
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.37074
    Latitude
    33.98516

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    FAQs

    What type of property is this?
    Commercial real estate - 0.38-acre lot, 600 sq ft building, prime location.
    Where is this commercial real estate located?
    The property is located at 115 Forest Drive Ext Shallotte, NC.
    What is the asking price?
    The asking price for this property is $269,000.
    (910) 620-6501
    Request Owner's contact information
    115 Forest Drive Ext Shallotte, NC 28470
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    Shallotte, NC 28470
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    Realmo Value Estimation

    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.

    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.

    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
    115 Forest Drive Ext Shallotte, NC 28470
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