Mixed-Use Property with
For Sale
$1,299,000
1330 N Howe Street, Southport, NC 28461
Commercial Sale, Southport, NC
Property Size3,300 SF
Lot Size0.59 Acres
Price / SF$393.64
Days on Market49
Property Features for 1330 N Howe Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CO-NC
Subdivision
Not In Subdivision
Lot features
Level
Directions
211 Southport Supply Rd turns into N Howe St. 1330 will be on the L.
Standard status
Active
APN
221mb01601
Size
3,300 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
.214 Ac N Howe St & .38Ac Atlantic Ave
Tax Annual Amount
1308
Legal Description
.214 Ac N Howe St & .38Ac Atlantic Ave
Utilities
Sewer type
Septic Tank, Shared Septic
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
outdoor shower
storage building
raised garden beds
Building Details
Year built
1955
Flooring type
Lvt/lvp
Building materials
Brick, Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
eXp Realty
Listed By:
Hamilton Realty Group
(888) 584-9431
Added: Sep 4
Changed: Oct 22
Last Checked: Oct 22 at 2:06PM
MLS# 100601594
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property includes a commercial office building and four separate apartments, with all five buildings situated on individual parcels. The commercial space is currently used as a massage therapy clinic; the real estate, rather than the business, is offered for sale. The clinic building received a roof replacement approximately two years ago, while the apartments had flooring and interior updates within the past three years. Each apartment also has a 10-by-12-foot storage building and raised garden beds.
The property totals 3,300 square feet on 0.59 acres and is zoned CO-NC. It sits outside Southport city limits, in the county, and is near downtown shops, galleries, restaurants, waterfront dining, and the waterfront.
The property totals 3,300 square feet on 0.59 acres and is zoned CO-NC. It sits outside Southport city limits, in the county, and is near downtown shops, galleries, restaurants, waterfront dining, and the waterfront.
Key Highlights
- Five tenant‑occupied buildings: one commercial office and four apartments
- Each building occupies its own parcel
- 3,300 square feet on 0.59 acres; zoned CO‑NC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,911
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,220
$838.2K
Cap Rate 7%
$598,729
$598.7K
Cap Rate 9%
$465,678
$465.7K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$68.9K $20.88/SF
− Vacancy
−$13.0K −$3.95/SF
EGI
$55.9K $16.93/SF
− OpEx
−$14.0K −$4.23/SF
NOI
$41.9K $12.70/SF
Area
Brunswick County, NC
Vacancy
18.90%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,220
Cap Rate 7%
$598,729
Cap Rate 9%
$465,678
Alternative Uses
Best Use
Mixed Use
$39.79M
$34.82M – $46.43M
NOI $2,785,542 @ 7.0% cap · market cap 214.44%
Second Best
Apartment 5plus
$35.02M
$30.64M – $40.85M
NOI $2,451,277 @ 7.0% cap · market cap 188.70%
Theoretical Best
Multifamily LT 5
$40.41M
$35.36M – $47.14M
NOI $2,828,460 @ 7.0% cap · market cap 217.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Explore this area
Business Placement
Demographics for 28461, NC
22,141
Population
14,435
Households
1.5
Avg Household Size
62
Median Age
39%
College-Educated
95%
High-School Grad
75.9 sq mi
ZIP Area
292
Density / Sq Mi
$79,681
Median Household Income
$41,587
Median Earnings
$1,356
Median Rent
$388,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five tenant-occupied buildings combine commercial office space with four residential apartments.
Where is this mixed-use property located?
The property is located at 1330 N Howe Street Southport, NC.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Five tenant‑occupied buildings: one commercial office and four apartments; Each building occupies its own parcel; 3,300 square feet on 0.59 acres; zoned CO‑NC
