2633 Holden Beach Rd SW, Holden Beach, NC 28462

Listing Agency: Century 21 Triangle Group Fuquay Varina

Listed By: Marguerite Greene · License NC #283390

Source: Crexi

Added: Oct 30 Changed: Nov 12 Last Checked: Nov 14 at 2:22AM

Report an Issue

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 Century 21 Triangle Group Fuquay Varina

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This vacant restaurant property contains 4,832 square feet of fully heated space arranged for restaurant or cafeteria use. Its existing layout provides a defined starting point for a food-service operation.

The property is on Holden Beach Road SW in Holden Beach, North Carolina, along a route to Holden Beach.

Key Highlights

• 4,832 square feet of fully heated space
• Restaurant and cafeteria layout
• Located on Holden Beach Road SW along the route to Holden Beach

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$51,101

Cap Rate

3.68%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,022,020 $1.0M

Cap Rate 7%

$730,014 $730.0K

Cap Rate 9%

$567,789 $567.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,832 SF

Gross rent

$76.0K $15.72/SF

− Vacancy

−$7.8K −$1.62/SF

EGI

$68.1K $14.10/SF

− OpEx

−$17.0K −$3.53/SF

NOI

$51.1K $10.58/SF

Area

Brunswick County, NC

Vacancy

10.30%

Lease Rate

$15.72 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,022,020

Cap Rate 7%

$730,014

Cap Rate 9%

$567,789

Alternative Uses

Best Use

Specialty Retail

$730.0K

$638.8K – $851.7K (±1% cap)

NOI $51,101 @ 7.0% cap · market cap 3.68%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,645 @ 7.0% cap · market cap 6.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Building Supply Big Box & Wholesale Store Electrical Service

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

73

Businesses Nearby

1k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Citgo Shops & Services

1,024 visits/mo 0.1 miles

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

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

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Vacant space has a restaurant and cafeteria layout along the route to Holden Beach.

Where is this conventional restaurant located?

The property is located at 2633 Holden Beach Rd SW Holden Beach, NC.

What is the asking price?

The asking price for this property is $1,389,000.

What are key features of this property?

This property features: 4,832 square feet of fully heated space; Restaurant and cafeteria layout; Located on Holden Beach Road SW along the route to Holden Beach