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Commercial Land with Auto Shop
For Sale
$1,150,000

8708 E Oak Island Drive, Oak Island, NC 28465

Five-lot offering includes an existing repair facility on one of two parcels.

Property SizeContact for details
Days on Market149

Property Features for 8708 E Oak Island Drive

General Information

Standard status Active
Property subtype Commercial
Zoning OK-CB

Taxes and HOA fees

Annual Taxes $1,774

Amenities

No
0.37
130x125x130x125
City Street,State Road
0.0

Building Details

Year Built 1969
Listing Agency: Advantage Coastal Properties
Listed By: Leah Ryals
Source: Baystreetrealtygroup
Added: Apr 24 Changed: Sep 18 Last Checked: Sep 19 at 8:01AM

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 Advantage Coastal Properties

Investment Insights

Based on property information with market context.

This commercial land offering consists of two parcels containing five lots. Lots 1, 2, and 3 comprise one parcel, while Lots 4 and 5 form the second parcel and include an existing auto repair shop. Shop equipment is excluded from the sale.

The property is located at 8708 E Oak Island Drive in the Yaupon Beach area of Oak Island, North Carolina. The seller is willing to sell the lots individually, providing flexibility for separate parcel or lot transactions.

Key Highlights

  • Two parcels comprising five total lots
  • Existing auto repair shop on Lots 4 and 5
  • Shop equipment is excluded from the sale

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Pharmacy Building Supply Bakery Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
10,196 visits/mo 0.2 miles
Truist Shops & Services
3,234 visits/mo 0.2 miles

Demographics for 28465, NC

8,020
Population
10,482
Households
0.8
Avg Household Size
60
Median Age
45%
College-Educated
97%
High-School Grad
10.9 sq mi
ZIP Area
736
Density / Sq Mi
$83,739
Median Household Income
$49,936
Median Earnings
$1,154
Median Rent
$436,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Five-lot offering includes an existing repair facility on one of two parcels.
Where is this commercial land located?
The property is located at 8708 E Oak Island Drive Oak Island, NC.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two parcels comprising five total lots; Existing auto repair shop on Lots 4 and 5; Shop equipment is excluded from the sale
More about this property
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