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    Corner Lot Showroom/Office with Warehouse Title is generated by Realmo AI

    7011 Bch Dr, Ocean Isle Beach, NC

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    Showroom/office with conditioned warehouse on Beach Drive.

    Type:RETAIL
    Property size:
    4,000 SF
    Lot size:
    0.38 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    174
    Last Refresh:
    Apr 5 at 8:44 pm

    Property Features for 7011 Bch Dr

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.38 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Michael Abushakra
    Michael Abushakra

    Listing agent Michael Abushakra License #329522

    Listing office Sloane Commercial Real Estate

    Listing date Nov 25, 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 Sloane Commercial Real Estate

    HighLights

    • Highly desirable location on Beach Dr, between Ocean Isle Beach and Sunset Beach.
    • Two separately metered units, each with private entrance, bathroom, and HVAC.
    • Conditioned warehouse space with side door and garage door access.
    • Fenced‑in rear of the property.
    • Ideal for single user or two tenants.
    • Rear portion of building is leased through 1/31/2026, providing immediate income.

    Overview

    This property features showroom/office space and a conditioned warehouse, situated on a corner lot along Beach Drive, a corridor between Ocean Isle Beach and Sunset Beach. The building is divided into two separately metered units, each equipped with its own entrance, bathroom, and HVAC system. The rear warehouse space is accessible via a side door or through a garage door from the fenced-in rear of the property. The property is suitable for single-user storage and showroom purposes or can be divided between two tenants. The rear portion of the building is leased through 1/31/2026; details are available with an NDA. The property is located in Ocean Isle Beach, NC.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Nail Salon Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Isle Beach
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.4267
    Latitude
    33.8943

    Nearby Similar for Lease

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    • $750/Mo
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      Private Office Space For Lease

      Private office space for lease in prime location.
      6787 Beach Drive SW, Ocean Isle Beach, NC 28469
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      Sunset Commons Retail Space

      Retail space for sublease in Sunset Commons Shopping Center.
      925 Seaside Rd SW, Ocean Isle Beach, NC
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      Office and Warehouse on Hwy 17

      19,200 SF office and warehouse space on Hwy 17.
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      Retail Space at Beach Drive

      Retail space with access to major thoroughfares.
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    FAQs

    What type of property is this?
    Office units - Showroom/office with conditioned warehouse on Beach Drive.
    Where is this office units located?
    The property is located at 7011 Bch Dr Ocean Isle Beach, NC.
    What are key features of this property?
    This property features: Highly desirable location on Beach Dr, between Ocean Isle Beach and Sunset Beach.; Two separately metered units, each with private entrance, bathroom, and HVAC.; Conditioned warehouse space with side door and garage door access.
    (910) 579-1808 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Abushakra
    Michael Abushakra
    Real Estate License ID: 329522
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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