Manufacturing Property with
New
For Sale
$999,000
1270 Whiteville NW, Shallotte, NC 28470
Cabinet-making and painting equipment and materials are included with the property.
Property Size6,000 SF
Price / SF$166.50
Days on Market5
Property Features for 1270 Whiteville NW
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial
Zoning
Light Industrial
Additional Details
Highway Access
Yes
Property Use
Cabinet Making
Amenities
Central air
Attached Garage
Metal Roof
Central Air Cooling
Concrete Flooring
Electric Heating
Heat Pump Heating
Heating Heating
Unpaved
Building Details
Year Built
2004
Buildings
1
Building Size
6,000 SF
Tenancy
Single
Listing Agency:
EXP REALTY
Listed By:
HAMILTON REALTY GROUP
(888) 584-9431
Source:
Corcoran
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 2:41PM
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 EXP REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This manufacturing property contains approximately 6,000 square feet of building space, including a 1,500-square-foot attached showroom. Cabinet-making and painting equipment and materials are included. The building also has 1.5 bathrooms and was built in 2004.
Set on just over 2 acres, the property has access to Highway 17 and is zoned Light Industrial. The site is currently home to a custom cabinetry business.
Set on just over 2 acres, the property has access to Highway 17 and is zoned Light Industrial. The site is currently home to a custom cabinetry business.
Key Highlights
- Approximately 6,000 square feet of total building space, including a 1,500‑square‑foot attached showroom
- Cabinet‑making and painting equipment and materials included
- Situated on just over 2 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,196
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,223,920
$1.2M
Cap Rate 7%
$874,229
$874.2K
Cap Rate 9%
$679,956
$680.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$93.6K $15.60/SF
− Vacancy
−$6.2K −$1.03/SF
EGI
$87.4K $14.57/SF
− OpEx
−$26.2K −$4.37/SF
NOI
$61.2K $10.20/SF
Area
Brunswick County, NC
Vacancy
6.60%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,223,920
Cap Rate 7%
$874,229
Cap Rate 9%
$679,956
Alternative Uses
Best Use
Industrial
$874.2K
$765.0K – $1.02M
NOI $61,196 @ 7.0% cap · market cap 6.13%
Second Best
Retail
$846.1K
$740.3K – $987.1K
NOI $59,224 @ 7.0% cap · market cap 5.93%
Theoretical Best
Multifamily LT 5
$73.47M
$64.28M – $85.71M
NOI $5,142,654 @ 7.0% cap · market cap 514.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 28470, NC
11,141
Population
6,123
Households
1.8
Avg Household Size
48
Median Age
22%
College-Educated
90%
High-School Grad
44.7 sq mi
ZIP Area
249
Density / Sq Mi
$68,043
Median Household Income
$37,563
Median Earnings
$1,060
Median Rent
$252,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Cabinet-making and painting equipment and materials are included with the property.
Where is this manufacturing property located?
The property is located at 1270 Whiteville NW Shallotte, NC.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Approximately 6,000 square feet of total building space, including a 1,500‑square‑foot attached showroom; Cabinet‑making and painting equipment and materials included; Situated on just over 2 acres
