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    5539 N Croatan Hwy Southern Shores, NC 27949

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    For Lease
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    Retail space in a shopping center near Wright Memorial Bridge.

    Property size:
    3,750 SF
    Lot size:
    17.94 Acres

    Property Features for 5539 N Croatan Hwy

    General Information

    Size
    3,750 SF
    Lot size
    17.94 Acres

    Source: Colliers | Norfolk Agent Ben Clarke

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

    Overview

    Retail Space in Southern Shores

    Located just over a mile from the Wright Memorial Bridge, the Marketplace at Southern Shores is strategically positioned as the primary grocery destination for travelers entering the Outer Banks from Virginia. The marketplace, anchored by major retailers like Food Lion, Marshalls, and CVS Pharmacy, offers a comprehensive shopping experience amidst an area with limited nearby competition. The property offers retail space with a size of 3750 square feet.
    Location Intelligence

    Current Use by Public Records

    Bike rack Bicycle Rack Tompkins Dermatology Dermatologist The Marketplace Shopping Mall

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, The Marketplace, Shoreside Center, The Marketplace At Southern Shores, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Southern Shores
    County
    Dare
    State
    North Carolina
    Longitude
    -75.709706
    Latitude
    36.092894

    FAQs

    What type of property is this?
    Shopping center - Retail space in a shopping center near Wright Memorial Bridge.
    Where is this shopping center located?
    The property is located at 5539 N Croatan Hwy Southern Shores, NC.
    What are key features of this property?
    This property features: - Anchored by major retailers including Food Lion, Marshalls, and CVS Pharmacy.; - Primary grocery destination for travelers entering the Outer Banks.; - Strategically positioned just over a mile from the Wright Memorial Bridge.
    (757) 490-3300
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    5539 N Croatan Hwy Southern Shores, NC 27949
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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
    5539 N Croatan Hwy Southern Shores, NC 27949
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