Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Hot Dog Business Opportunity Title is generated by Realmo AI

    113 NE 15th St, Oak Island, NC 28465

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mobile hot dog business with established high-traffic locations.

    Type:Business for Sale
    Added:
    Feb 20, 2026
    Days on Market:
    84
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 113 NE 15th St

    General Information

    Standard status
    Active
    Property subtype
    Business for Sale

    We can help!

    Listing Contact
    Terry Espy
    Terry Espy

    Listing agent Terry Espy License #NC 214826

    Listing office MoMentum companies

    Listing date Feb 20, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MoMentum companies

    HighLights

    • Turnkey, fully mobile hot dog business with established agreements with major national retailers for high‑traffic locations.
    • Generates approximately $75,000 in annual gross revenue operating only 2.5 months per year during peak tourist season.
    • Includes all equipment and assets required for immediate operation.
    • Established Facebook page, social media presence, and Google Business profile with existing customer recognition and reviews.
    • Designed for efficient setup, breakdown, and daily operation, suitable for beach operations.
    • Excellent flexibility and significant growth potential with limited operating months and strong revenue performance.

    Overview

    Sea Dogs is a fully mobile, turnkey hot dog operation based in Oak Island, North Carolina. The business operates approximately 2.5 months per year during peak tourist season and generates roughly $75,000 in annual gross revenue. Sea Dogs operates under established agreements with major national big-box retailers, providing access to high-traffic locations with built-in customer flow. The business is fully mobile and designed for efficient setup, breakdown, and daily operation. For beach operations, a relationship with a commissary is convenient, but not required. SeaDogs follows local and state health department guidelines. The sale includes all equipment and assets required to continue operations immediately. The business has an established Facebook page, social media presence, and Google Business profile with existing customer recognition and reviews. This is an ideal opportunity for an owner-operator seeking strong seasonal income, a semi-retired individual, an entrepreneur looking to expand into food service, or an investor seeking to expand into additional seasonal locations. With limited operating months and strong revenue performance, Sea Dogs offers flexibility and growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Restaurant Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Department Store Bar & Pub Hotel & Motel Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Island
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.1459221
    Latitude
    33.9209552

    Nearby Similar for Sale

    • $225,000
      804 SF

      Oak Island Commercial Space Available

      Commercial space in Oak Island, across from Publix.
      5016 E Oak Island Drive, Oak Island, NC 28465
      View Details
    • $450,000
      2,160 SF

      Oak Island Duplex Investment Opportunity

      Tenant-occupied duplex near the beach with steady rental income.
      148 NW 3rd Street, Oak Island, NC 28465
      View Details
    • $435,000
      1,159 SF

      Ocean View Condo Investment Property

      Furnished condo with ocean views, great investment opportunity.
      105 SE 58th Street Apt 7202, Oak Island, NC 28465
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Mobile hot dog business with established high-traffic locations.
    Where is this conventional restaurant located?
    The property is located at 113 NE 15th St Oak Island, NC.
    What is the asking price?
    The asking price for this property is $89,999.
    What are key features of this property?
    This property features: Turnkey, fully mobile hot dog business with established agreements with major national retailers for high‑traffic locations.; Generates approximately $75,000 in annual gross revenue operating only 2.5 months per year during peak tourist season.; Includes all equipment and assets required for immediate operation.
    (910) 519-3003 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Terry Espy
    Terry Espy
    Real Estate License ID: NC 214826
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    113 NE 15th St, Oak Island, NC 28465
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!