245 Lake Park Blvd N, Carolina Beach, NC
Excellent location in the heart of Carolina Beach.
- Added:
- Nov 24, 2025
- Days on Market:
- 202
- Last Refresh:
- May 20 at 9:13 pm
Property Features for 245 Lake Park Blvd N
General Information
- Standard status
- Active
- Size
- 5,872 SF
- Lot size
- 0.14 Acres
- Property subtype
- RETAIL
Listing agent Barbara Golightly License #184557 (910) 228-7803
Listing office Island Blue Properties (910) 228-7803
Listing date Nov 24, 2025
Source Moodyscre
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 Island Blue Properties
HighLights
- Prime corner lot location in the heart of Carolina Beach.
- High‑exposure location suitable for multiple business endeavors.
- Currently operating as a rental property and smoothie shop.
- Owner financing is possible.
- Best location for great exposure.
- Can be used for multiple business endeavors.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.9k | $20.76 |
| − Vacancy | −$2.1k | −$0.35 |
| EGI | $119.8k | $20.41 |
| − OpEx | −$30.0k | −$5.10 |
| NOI | $89.9k | $15.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carolina Beach
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.894
- Latitude
- 34.0358
