Mixed-Use Property with
For Sale
$299,000
1933 Holden Beach Road SW, Supply, NC 28462
Commercial Sale, Supply, NC
Property Size728 SF
Lot Size0.85 Acres
Price / SF$410.71
Days on Market219
Property Features for 1933 Holden Beach Road SW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Co-Cld
Parking features
Paved or Surfaced, Off Street, Driveway
Subdivision
Not In Subdivision
Lot features
Interior Lot, Level, Corner Lot, Irregular Lot
Directions
From Shallotte, follow Hwy 130 east for approximately 7 miles, when you reach the stop sign where 130 & Mt. Pisgah intersect, make a right, and go about 1/2 mile, property is on the right, see signage
Standard status
Active
APN
21500083
Size
728 SF
Lot size
0.85 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1.7 AC NC 130
Tax Annual Amount
596
Legal Description
1.7 AC NC 130
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1954
Flooring type
Laminate
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
Salt Air Realty LLC
(910) 263-0661
Listed By:
Karen M Mitchell · License #297507
(910) 540-7258
Added: Feb 9
Changed: Sep 15
Last Checked: Sep 16 at 2:06AM
MLS# 100553707
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.
Investment Insights
Based on property information with market context.
This mixed-use property combines a 728-square-foot residence with commercial functionality on a 0.85-acre parcel. The home includes two bedrooms and one bathroom, with laminate flooring, central air, electric heat, and a heat pump. Vinyl siding, wood-frame construction, a shingle roof, and a 1954 build date further define the improvements. The site also includes advertising signage and space described for commercial operations, creating a live-work configuration at 1933 Holden Beach Road SW.
The property is located in Supply, Brunswick County, near the beach and major roads. Parking is provided through paved or surfaced areas, off-street spaces, and a driveway. Public water is available, while wastewater service is provided by a septic tank. The property is identified with Co-Cld zoning and includes a residential component alongside commercial space.
The property is located in Supply, Brunswick County, near the beach and major roads. Parking is provided through paved or surfaced areas, off-street spaces, and a driveway. Public water is available, while wastewater service is provided by a septic tank. The property is identified with Co-Cld zoning and includes a residential component alongside commercial space.
Key Highlights
- 0.85‑acre mixed‑use property with a 728‑square‑foot residence
- Two‑bedroom, one‑bath residence with laminate flooring and central air
- Co‑Cld zoning with residential and commercial components
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,246
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$184,920
$184.9K
Cap Rate 7%
$132,086
$132.1K
Cap Rate 9%
$102,733
$102.7K
Market Conditions
NOI Build-Up for 728 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$15.2K $20.88/SF
− Vacancy
−$2.9K −$3.95/SF
EGI
$12.3K $16.93/SF
− OpEx
−$3.1K −$4.23/SF
NOI
$9.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$184,920
Cap Rate 7%
$132,086
Cap Rate 9%
$102,733
Alternative Uses
Best Use
Mixed Use
$8.78M
$7.68M – $10.24M
NOI $614,507 @ 7.0% cap · market cap 205.52%
Second Best
Office B
$132.1K
$115.6K – $154.1K
NOI $9,246 @ 7.0% cap · market cap 3.09%
Theoretical Best
Multifamily LT 5
$8.91M
$7.80M – $10.40M
NOI $623,975 @ 7.0% cap · market cap 208.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 28462, NC
12,674
Population
11,620
Households
1.1
Avg Household Size
54
Median Age
25%
College-Educated
89%
High-School Grad
72.4 sq mi
ZIP Area
175
Density / Sq Mi
$58,545
Median Household Income
$36,037
Median Earnings
$859
Median Rent
$229,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial property with an on-site two-bedroom residence, paved parking, and public water service.
Where is this mixed-use property located?
The property is located at 1933 Holden Beach Road SW Supply, NC.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 0.85‑acre mixed‑use property with a 728‑square‑foot residence; Two‑bedroom, one‑bath residence with laminate flooring and central air; Co‑Cld zoning with residential and commercial components
