Mixed-Use Property with
For Sale
$550,000
2645 Holden Beach Road SW, Supply, NC 28462
COMMERCIAL - Supply, NC
Property Size1,800 SF
Lot Size0.52 Acres
Price / SF$305.56
Days on Market75
Property Features for 2645 Holden Beach Road SW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Co-CLD
Parking
20
Parking features
Paved or Surfaced
Subdivision
Not In Subdivision
Lot features
Landscaped
Directions
NC Hwy 130/Holden Beach Rd toward Holden Beach From Shallotte; Located on Right to the left of CoNoMo Restaurant
Standard status
Active
APN
232ha027
Size
1,800 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
L-4 Parcel A&B Sea Aire Plaza PL 21/536
Tax Annual Amount
1087
Legal Description
L-4 Parcel A&B Sea Aire Plaza PL 21/536
Utilities
Utilities
Phone Available
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1982
Flooring type
Concrete, Tile, Vinyl
Building materials
Block
Roof type
Shingle, Metal
Listing Agency:
PROACTIVE Real Estate
(910) 842-1616
Listed By:
Brenda Vrooman · License #204765
(910) 616-9496
Added: Jun 6
Changed: Aug 19
Last Checked: Aug 19 at 2:06PM
MLS# 100579698
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 0.52-acre mixed-use commercial property contains an 1,800-square-foot main building with 3 office spaces, 1 utility room, 1 pool pump room, 1 storage room, and 2 bathrooms. The site also includes a pool measuring roughly 35ft x 75ft, a storage building of about 20x12, and a manufactured home behind the main structure used for storage. Current occupants include a swimming pool facility, scuba diving operation, and travel agency. Improvements feature block construction, concrete, tile, and vinyl flooring, electric heating, window and wall/window cooling, paved parking, a shingle and metal roof, public water, and septic service.
Located at 2645 Holden Beach Road SW in Supply, the property is approximately 5+/- miles from Holden Beach Island, 7+/- miles from Shallotte, and less than 4+/- miles from Lockwood Folly Country Club. The site carries Commercial Low Density zoning, identified as Co-CLD.
Located at 2645 Holden Beach Road SW in Supply, the property is approximately 5+/- miles from Holden Beach Island, 7+/- miles from Shallotte, and less than 4+/- miles from Lockwood Folly Country Club. The site carries Commercial Low Density zoning, identified as Co-CLD.
Key Highlights
- 0.52‑acre commercial property with Commercial Low Density zoning identified as Co‑CLD
- 1,800‑square‑foot main building with 3 office spaces and 2 bathrooms
- Pool measuring roughly 35ft x 75ft
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
$22,860
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
4.16%
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%
$457,200
$457.2K
Cap Rate 7%
$326,571
$326.6K
Cap Rate 9%
$254,000
$254.0K
Market Conditions
NOI Build-Up for 1,800 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
$37.6K $20.88/SF
− Vacancy
−$7.1K −$3.95/SF
EGI
$30.5K $16.93/SF
− OpEx
−$7.6K −$4.23/SF
NOI
$22.9K $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 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%
$457,200
Cap Rate 7%
$326,571
Cap Rate 9%
$254,000
Alternative Uses
Best Use
Mixed Use
$21.71M
$18.99M – $25.32M
NOI $1,519,387 @ 7.0% cap · market cap 276.25%
Second Best
Office B
$326.6K
$285.8K – $381.0K
NOI $22,860 @ 7.0% cap · market cap 4.16%
Theoretical Best
Multifamily LT 5
$22.04M
$19.28M – $25.71M
NOI $1,542,796 @ 7.0% cap · market cap 280.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
73
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
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 - CLD-zoned commercial property with occupied pool, scuba, and travel uses along Holden Beach Road.
Where is this mixed-use property located?
The property is located at 2645 Holden Beach Road SW Supply, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 0.52‑acre commercial property with Commercial Low Density zoning identified as Co‑CLD; 1,800‑square‑foot main building with 3 office spaces and 2 bathrooms; Pool measuring roughly 35ft x 75ft
