Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Town Ctr Rd Calabash, NC

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.58 acre commercial land for sale in Calabash, NC.

    Lot size:
    1.58 Acres

    Property Features for Town Ctr Rd

    General Information

    Lot size
    1.58 Acres

    We can help!

    Listing Contact
    David Branton
    David Branton
    Source: Moodyscre

    Listing Agency: Eastern Carolinas Commercial Real Estate Listing Agent: David Branton

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

    Learn more

    Overview

    Prime Commercial Land Outparcel

    This offering is for Outparcel 8, a 1.58 acre site located North of the entry into the apartment complex. The parcel is highly visible and sits along Highway 179/ Old Georgetown Rd. Access roads are in place, utilities are in place, and stormwater is accounted for off site. These are grade and go sites suitable for a wide variety of uses. Brunswick County is the fastest growing county in the state and is home to four of the top six fastest growing towns in North Carolina. Calabash is the fourth Brunswick County town with the highest population increase at a 7.6% rate. Between April 2020 and July 2021, Calabash grew by 2,192 residents. Brunswick County, NC consists of 53.9k employees. The largest industries are Retail Trade, Health Care & Social Assistance and Construction. Old Georgetown Rd in 2021 had a traffic count of 10,430 CPD. Claridy Rd SW in 2021 had a traffic count of 2,913 CPD. Beach Dr SW in 2021 had a traffic count of 15,221 CPD. It is a 7 minute drive time to Highway 17 which allows travel through Southeastern, NC. Within a 5 mile radius of the subject property, the population is 20,139 residents, with 6,734 employed residents and an average household income of $57,525.80.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Calabash
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.5683446
    Latitude
    33.8907278

    Nearby Similar for Sale

    • Contact for pricing
      9,014 SF

      Retail Property Near Beach

      Retail property with long-term lease near the beach.
      1040 Beach Dr SW, Calabash, NC 28467
      View Details
    • $600,000
      2,500 SF

      Calabash Commercial Building Opportunity

      Prime Ocean Highway location, 2,500 sq ft.
      9225 Ocean Hwy, Calabash, NC 28467
      View Details
    • $549,000
      7.00 Acres

      7 Acres Hwy 17, Calabash, NC

      Prime 7-acre commercial tract. High-traffic location.
      7 Acres Us Hwy, Calabash, NC 28469
      View Details
    • $199,000
      0.41 Acres

      Calabash Commercial Land Opportunity

      0.41-acre lot, prime commercial location.
      Tbd Carter Dr, Calabash, NC 28467
      View Details
    • $3,200,000
      17.70 Acres

      Prime Calabash Commercial Land

      17.7 Acres Hwy 17 Frontage
      17 Acres Hwy, Calabash, NC 28467
      View Details

    FAQs

    What type of property is this?
    Land - 1.58 acre commercial land for sale in Calabash, NC.
    Where is this land located?
    The property is located at Town Ctr Rd Calabash, NC.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Highly visible 1.58-acre site on Highway 179/Old Georgetown Rd.; - Located in Brunswick County, the fastest-growing county in North Carolina.; - **'Grade and go' site**: Utilities are in place, access roads are in, and stormwater is accounted for off-site.
    (704) 740-8184 Call to check price and availability
    Request Owner's contact information
    Town Ctr Rd Calabash, NC
    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.
    Town Ctr Rd
    Calabash, NC
    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
    Town Ctr Rd Calabash, NC
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Branton
    David Branton
    Real Estate License ID: 284946
    (704) 740-8184 (910) 399-4602
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!