Office Building with Fenced
New
For Sale
Contact for pricing
701 Holden Beach Rd SW, Shallotte, NC 28470
A finished interior is complemented by a fenced rear area and an electrically serviced outbuilding.
Property Size1,680 SF
Lot Size0.51 Acres
Price / SF$252.98
Days on Market7
Property Features for 701 Holden Beach Rd SW
General Information
Standard status
Active
Size
1,680 SF
Lot size
0.51 Acres
Property subtype
OFFICE
Amenities
fully fenced-in rear yard
12x24 double-lofted shed with electricity
Building Details
Buildings
1
Building Size
1,680 SF
Listing Agency:
Integral Commercial Group
(910) 208-0828
Listed By:
Andrew Bergen
(919) 710-1873
Source:
Moodyscre
Added: Sep 21
Changed: Sep 26
Last Checked: Sep 26 at 3:16PM
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 Integral Commercial Group
Investment Insights
Based on property information with market context.
Located at 701 Holden Beach Rd SW in Shallotte, this office property includes a 1,680-square-foot building on approximately 0.51 acres. The finished interior is paired with a fenced rear yard, providing additional outdoor space for the property’s operations.
A 12-by-24-foot shed with two lofts sits behind the building on blocks, with electricity run to the structure. The property also includes ample parking.
A 12-by-24-foot shed with two lofts sits behind the building on blocks, with electricity run to the structure. The property also includes ample parking.
Key Highlights
- 1,680‑square‑foot office building on approximately 0.51 acres
- Finished interior
- Fenced rear yard
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
$21,336
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
5.02%
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%
$426,720
$426.7K
Cap Rate 7%
$304,800
$304.8K
Cap Rate 9%
$237,067
$237.1K
Market Conditions
NOI Build-Up for 1,680 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
$35.1K $20.88/SF
− Vacancy
−$6.6K −$3.95/SF
EGI
$28.4K $16.93/SF
− OpEx
−$7.1K −$4.23/SF
NOI
$21.3K $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%
$426,720
Cap Rate 7%
$304,800
Cap Rate 9%
$237,067
Alternative Uses
Best Use
Office B
$304.8K
$266.7K – $355.6K
NOI $21,336 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$20.57M
$18.00M – $24.00M
NOI $1,439,943 @ 7.0% cap · market cap 338.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
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Business Placement
Demographics for 28470, NC
11,141
Population
6,123
Households
1.8
Avg Household Size
48
Median Age
22%
College-Educated
90%
High-School Grad
44.7 sq mi
ZIP Area
249
Density / Sq Mi
$68,043
Median Household Income
$37,563
Median Earnings
$1,060
Median Rent
$252,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - A finished interior is complemented by a fenced rear area and an electrically serviced outbuilding.
Where is this office building located?
The property is located at 701 Holden Beach Rd SW Shallotte, NC.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,680‑square‑foot office building on approximately 0.51 acres; Finished interior; Fenced rear yard
