Freestanding Flex
1412 Live Oak Street, Beaufort, NC 28516
For Sale
$750,000
Commercial Sale, Beaufort, NC
Property Size3,105 SF
Lot Size0.12 Acres
Price / SF$241.55
Days on Market327
Property Features for 1412 Live Oak Street
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Building materials
Listing Agency:
HTR Capital Group
(919) 879-8777
Listed By:
Andrew Techet · License NC #200977
(919) 201-7613
Added: Dec 19, 2025
Changed: Oct 20
Last Checked: Nov 10 at 5:06PM
MLS# 100546188
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.
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.
Located at 1412 Live Oak Street, this freestanding concrete commercial building provides approximately 3,105 square feet of retail and flex space, along with approximately 400 square feet that could support residential or office use. The property was built in 1942 and includes on-site parking. Its current configuration reflects long-term use as an owner-occupied dry-cleaning operation, while the existing layout can accommodate retail, service, professional office, or light flex functions subject to zoning and permitting.
The property is positioned along Live Oak Street in Beaufort, with access to downtown, U.S. Highway 70, nearby residential neighborhoods, waterfront attractions, and local businesses. B-1 zoning and the building’s adaptable configuration support continued owner occupancy, business use, or repositioning, subject to applicable approvals. The dry-cleaning business is also available for sale.
The property is positioned along Live Oak Street in Beaufort, with access to downtown, U.S. Highway 70, nearby residential neighborhoods, waterfront attractions, and local businesses. B-1 zoning and the building’s adaptable configuration support continued owner occupancy, business use, or repositioning, subject to applicable approvals. The dry-cleaning business is also available for sale.
Key Highlights
- Approximately 3,105 SF of retail/flex space
- Approximately 400 SF with potential residential or office use
- Freestanding concrete building constructed in 1942
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,019
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,380
$760.4K
Cap Rate 7%
$543,129
$543.1K
Cap Rate 9%
$422,433
$422.4K
Market Conditions
NOI Build-Up for 3,105 SF
Gross rent
$62.2K $20.04/SF
− Vacancy
−$3.7K −$1.20/SF
EGI
$58.5K $18.84/SF
− OpEx
−$20.5K −$6.59/SF
NOI
$38.0K $12.24/SF
Area
Carteret County, NC
Vacancy
6.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,380
Cap Rate 7%
$543,129
Cap Rate 9%
$422,433
Alternative Uses
Best Use
Flex RnD
$543.1K
$475.2K – $633.7K
NOI $38,019 @ 7.0% cap · market cap 5.07%
Second Best
Retail
$514.2K
$449.9K – $599.9K
NOI $35,993 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$931.5K
$815.1K – $1.09M
NOI $65,205 @ 7.0% cap · market cap 8.69%
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
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28516, NC
11,204
Population
7,183
Households
1.6
Avg Household Size
52
Median Age
27%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
89
Density / Sq Mi
$63,257
Median Household Income
$36,227
Median Earnings
$869
Median Rent
$292,300
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
Similar Off Market Nearby
- Beaufort Shave Ice — 116 Mashburn Dr, Beaufort, NC 28516
- TLC Catering & Concessions — 107 Earl Ave, Beaufort, NC 28516
Frequently Asked Questions
What type of property is this?
Flex space - Concrete construction and B-1 zoning support retail, service, office, or light flex use, subject to permitting.
Where is this flex space located?
The property is located at 1412 Live Oak Street Beaufort, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 3,105 SF of retail/flex space; Approximately 400 SF with potential residential or office use; Freestanding concrete building constructed in 1942
